FX News

Trade war talk leaves its toll on DOW; USDJPY skids from Tuesday’s 2-week highs

The prospects of a trade war with china sent shivers through US equities on Wedensday with the Dow jones shedding over 200 pts. Comments that President Trump wished to apply $60 Billion in tariffs on Chinese goods left its toll Read More →

New Zealand GDP Gains 0.6 Percent In Q4

New Zealand's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2017, Statistics New Zealand said on Thursday.Original Article Read More →

Japan Core Machine Orders Surge 8.2% In January

The value of core machine orders in Japan jumped a seasonally adjusted 8.2 percent on month in January, the Cabinet Office said on Thursday - coming in at 872.3 billion yen.Original Article Read More →

BIS Urges Central Banks To Weigh Implications Of Issuing Digital Currencies

The Bank for International Settlements urged central banks to carefully study the implications for financial stability and monetary policy of issuing digital currencies. BIS cautioned that central bank digital currencies, or CBDCs, if made widely available, could pose a threat Read More →

Markets look onto US inflation, looking for more direction; Yen weakens on political turmoil

We had a mixed close from the US yesterday, and even Asia this morning lacked significant direction. As we move into Tuesday we are awaiting some high impact data later today from the US, with inflation data for February hitting Read More →

Japan’s Hacked Crypto Exchange Coincheck Begins Customer Repayments

Coincheck, the Japanese cryptocurrency exchange that fell victim to a massive hack in January, began repaying its customers affected by the incident. The Tokyo-based crypto exchange, which has been under the regulatory scanner since the hack, also announced that it Read More →