FX News

Singapore Keeps Monetary Policy Unchanged On Inflation Concerns; GDP Growth Disappoints

Singapore central bank left its monetary policy stance unchanged as core inflation is projected to stay elevated in the immediate quarters ahead, while the economy logged a weaker-than-expected growth on softer manufacturing and construction activity. The Monetary Authority of Singapore Read More →

U.S. Weekly Jobless Claims Pull Back Off Two-Month High

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 6th after reaching a two-month high in the previous week. The Labor Department Read More →

U.S. Dollar Rises After Hot Inflation Data

The U.S. dollar climbed higher on Wednesday, scoring gains against its major counterparts, as hopes of an interest rate cut by the Federal Reserve in June faded a bit after data showed U.S. consumer prices rose more than expected in Read More →

Australia Business Conditions Edges Down, Confidence Rises – NAB

Australia's business conditions edged down one point in March, while confidence gained a point and cost pressures softened further, survey results from NAB showed on Tuesday. The business conditions index fell to 9 in March from 10 in Read More →

Eurozone Lenders To Tighten Credit Standards For Loans To Firms, Demand To Fall – ECB

Eurozone lenders intend to tighten conditions for loans to firms in the second quarter and they expect a fall in demand for loans from enterprises, the bank lending survey results from the European Central Bank showed on Tuesday. Lenders plan Read More →

Strong U.S. Jobs Data Failed To Lift Dollar Last Week

Data from the U.S. showing a larger-than expected addition to non-farm payrolls and an unexpected decline in unemployment failed to sustain the Dollar's gains during the week ended April 5.Original Article Read More →