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OzForex Commentary

US FOMC continues to remain patient

Jay Goodman

Australian Dollar:

The Australian dollar continued to mount a comeback against the recently relentless US dollar on Wednesday jumping significantly higher as a result of up... ...read more

Forex News

FOREX-NZ dollar slammed by dovish cenbank, USD firm post-Fed

Thursday, 29 January 2015 | Reuters

The New Zealand dollar slumped to four-year lows on Thursday as investors priced in a greater chance of rate cuts there, while U.S. dollar bulls focused on the positive in the Federal Reserve's latest policy statement....read more

FOREX-Euro sees rare reprieve, rouble falls after Russia downgrade

Tuesday, 27 January 2015 | Reuters

The embattled euro held onto modest gains early on Tuesday, having bounced off an 11-year trough as investors decided to take profits on extremely bearish positions. The common currency last traded at $1.1245 , off Monday's low of $1....read more

FOREX-Euro hammered hard as ECB unleashes QE, China data next

Friday, 23 January 2015 | Reuters

The euro wallowed at 11-year lows early on Friday after suffering a massive decline as the European Central Bank launched a stimulus program that would pump hundreds of billions in new money into a sagging euro zone economy....read more

FOREX-Canadian dlr jolted by rate cut shock; ECB looms large for euro

Thursday, 22 January 2015 | Reuters

The Canadian dollar languished at its lowest in nearly six years early on Thursday, having suffered a massive drop after the Bank of Canada stunned markets by cutting interest rates....read more

FOREX-Yen shaky as BOJ test looms, kiwi hit by soft inflation

Wednesday, 21 January 2015 | Reuters

The yen nursed broad losses early on Wednesday as investors sold the Japanese currency in a precautionary move against any further policy easing by the Bank of Japan....read more

FOREX-Euro floored as SNB decision puts spotlight on ECB, franc surges

Friday, 16 January 2015 | Reuters

The euro hovered above an 11-year trough early on Friday as investors wagered the Swiss move to abandon its currency cap meant it was almost certain the European Central Bank would launch large-scale bond buying next week....read more

FOREX-Yen benefits from volatility, euro at 9-yr lows vs dlr

Wednesday, 14 January 2015 | Reuters

The dollar neared one-month lows against the yen early on Wednesday as U.S. yields continued to shrink, but it scaled a nine-year peak on the euro as bolder stimulus from the European Central Bank seemed imminent. The benchmark U.S....read more

FOREX-U.S. payrolls disappoint dollar bulls, yen gains

Monday, 12 January 2015 | Reuters

The dollar nursed losses early on Monday, having suffered a setback after an unexpected fall in U.S. wages tainted what was otherwise a robust report on the labour market....read more

FOREX-Euro gets the deflation jitters, dollar climbs

Thursday, 08 January 2015 | Reuters

The euro held near a nine-year low early on Thursday, having been in the firing line again as investors wagered the European Central Bank would have to take bolder stimulus steps to combat growing deflationary pressures in the zone....read more

FOREX-Euro hounded ahead of inflation data, yen on firm footing

Wednesday, 07 January 2015 | Reuters

The euro slid to a nine-year low against the dollar early on Wednesday as investors braced for inflation data that should give doves at the European Central Bank a clear mandate for bold policy stimulus. The common currency sank as deep as $1....read more

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