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Thread: Forex news from InstaForex

  1. #511

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    Options- Market Snapshot-Opening Comments


    Quiet day in Asia as spot markets consolidate post FOMC moves Volumes have found support after initial post FOMC sell off to long term lows
    JPY related volumes saw decent demand from lows on topside covering

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  2. #512

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    Taiwan's Unemployment Rate Edges Up In August


    Unemployment rate in Taiwan increased marginally in August, data from the Director-General of Budget, Accounting and Statistics showed Monday.
    The seasonally adjusted jobless rate rose to 4.19 percent in August from 4.18 percent in July. Economists had forecast an unemployment rate of 4.2 percent.
    The unadjusted rate was 4.33 percent, up from 4.25 percent in July.
    The number of unemployed persons in the country rose to 497,000 from 487,000 in the preceding month. The number of employed persons also increased slightly, to 11 million from 10.98 million in July.

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  3. #513

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    Singapore Dollar Slightly Off 6-day Low Against U.S. Dollar


    The Singapore dollar has come off slightly from early low against the U.S. dollar in Asian deals on Tuesday.
    The Singapore dollar is now worth 1.2528 against the greenback, up from early 6-day low of 1.2542. The pair ended deals at 1.2499 on Monday.

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  4. #514

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    Malaysian Ringgit At 6-day Low Against U.S. Dollar


    The Malaysian Ringgit weakened against the U.S. dollar in Asia on Wednesday.
    The ringgit that closed yesterday's deals at 3.2160 against the greenback fell to 3.2333, marking a 6-day low. On the downside, the ringgit may find support at the 3.24 level.

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  5. #515

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    Asian Stocks mixed As Investors Remain Jittery; Nikkei up 0.44%


    Asian stocks were mixed Thursday in another session that was short on risk appetite as skittish investors evaluated some mediocre U.S. data and mulled the future of the Federal Reserveís quantitative easing program.

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  6. #516
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    Forex - Usd/jpy falls Despite Decent Cpi Data


    The U.S. dollar traded lower against the Japanese yen during Fridayís Asian session despite some encouraging signs regarding Japanís long-standing bout with deflation

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  7. #517
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    Euro Steady Ahead Of German Retail Sales


    German retail sales figures for August are due at 2:00 am ET Monday. The euro showed choppy trading against other major currencies before the data.
    The euro was trading at 1.3498 against the greenback, 132.12 against the yen, 0.8350 against the pound and 1.2224 against the franc at 1:55 am ET.

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  8. #518
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    Abe Says Japan Will Increase Sales Tax From April 2014


    Japan's Prime Minister Shinzo Abe said Tuesday that his government will hike the sales tax as planned from April next year to reduce the country's huge debt load.
    The government will increase the sales tax to 8 percent from April 2014 from the current 5 percent. At the same time, Abe is expected to announce an economic stimulus package to cushion the impact that the tax hike could have on the economy.
    At around 230 percent of gross domestic product, Japan's has the largest debt pile among advanced economies.

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  9. #519
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    Canadian Dollar Extends Slide To 5-week Low Against Euro


    The Canadian dollar extended its early slide against the euro in European deals on Wednesday.
    The loonie touched 1.4010 against the euro for the first time since August 28. The loonie may possibly find support around the 1.41 area. At Tuesday's close, the pair was worth 1.3964.

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  10. #520
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    China Non-Manufacturing PMI Rises In September


    China's official non-manufacturing purchasing managers' index increased in September, a survey by the China Federation of Logistics and Purchasing revealed Thursday. The PMI rose to 55.4 in September from 53.9 in August. A PMI reading above 50 indicates expansion of the sector.
    The new orders index rose to 53.4 in September from 50.9. New export orders also increased during the month.

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