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Thread: Forex news from InstaForex

  1. #551
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    NZ Dollar Declines To 4-day Low Versus Euro


    The New Zealand dollar fell against the European currency in Asian deals on Tuesday.
    The kiwi hit a 4-day low of 1.6252 against the euro, compared to Monday's closing value of 1.6199. The kiwi may seek support around the 1.635 level.


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    Bernanke Making more Dovish Comments, Fiscal Plug Needed


    Recommends less restrictive fiscal stance, focus on longer-term issues.
    Reiterates Fed will remain easy for longer, till good economic evidence.
    Efforts to up jobs being made, must reduce inequalities.
    Fed bond buys have benefited Wall Street but no necessarily Main Street.


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    our news contain exhaistive information about topical ebvents and facts of the financial world we offer international statistical data in order to help you correct and enhance your trading strategy we also present video news from insta forex.

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    China HSBC Manufacturing Index Slides To 50.4




    An index measuring manufacturing activity in China came in with a score of 50.4 in November, flash survey results from HSBC and Markit Economics revealed on Thursday.
    That was well shy of forecasts for 50.8 and down from 50.9 in October.
    A score above 50 means expansion in a sector, while a reading below 50 signals contraction.
    The data also showed that the flash China Manufacturing Output Index came in 51.3 in November, up from 51.1 in October.


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    Pound At New 2-week High Against Franc



    The British currency climbed against the Swiss franc in early Asian deals on Friday.
    The pound spiked up to 1.4800 against the franc, its highest since November 7. At yesterday's close, the pair was worth 1.4786. The next upside target for the pound-franc pair lies around the 1.49 area.


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    Canadian Dollar Hits Near 4-week Low Versus Euro



    The Canadian dollar drifted lower against the European currency in early Asian trading on Monday.
    The loonie touched 1.4303 against the euro, its lowest level since October 31. On the downside, the loonie may eye support around the 1.45 area. The pair was worth 1.4260 at Friday's close.


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    Philippine Imports Surge 7.2% In September



    The Philippines imported goods worth $5.711 billion in September, an increase of 7.2 percent from a year earlier, data from the National Statistics Office showed Tuesday.
    Total external trade in goods reached $10.756 billion during the month, representing a 6.1 percent increase from last year. Exports grew 4.9 percent annually.
    Thus, the balance of trade in goods for the country registered a deficit of $666 million, higher than $516 million deficit in the same period last year.


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    Australian Dollar Falls To 3-month Low Against Euro



    The Australian dollar slipped against the euro in early Asian deals on Wednesday.
    The aussie hit 1.4901 against the euro, a level last seen on August 29. The next possible support for the aussie is seen around the 1.50 level. The pair was worth 1.4863 at yesterday's close.


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    Seoul Shares on Track for a Fourth Straight Winning Session



    The Korea Composite Stock Price Index (KOSPI) gained 0.7 percent to 2,042.60 points as of 0200 GMT after touching an intraday high of 2,046.27, its highest since , fuelled by a strong U.S. consumer confidence survey that boded well for South Korean exporters' sales to their second largest market.

    "In the past 10 years KOSPI had mirrored the U.S. year-end consumption season to rise 4 percent on average, and with consumer confidence picking up, the outlook seemd quite rosy for this year as well," said Chung Seung-jae, an analyst at Mirae Asset Securities.


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    South Korea Industrial Production Rebounds In October


    Industrial production in South Korea rebounded in October, the latest figures from Statistics Korea revealed Friday.
    After adjusting to seasonal variations, industrial production expanded 1.8 percent month-on-month in October, partly recovering from a 2.3 percent slump in September. Manufacturing output grew 2 percent after a 2.5 percent decline a month earlier.
    On an unadjusted basis, industrial output rose 3 percent month-on-month following a 3.9 percent drop in September. Manufacturing was also up 3 percent from a month earlier in unadjusted terms.
    On an annual basis, manufacturing production grew 3 percent after a 4 percent contraction in September.


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