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Forex News | Currency News by Forexlive

USD/CNY fixed at new record low, 6.4837

By   || June 1, 2011 at 01:19 GMT
Category: All, Asia || Tags: || 1 comment || Add comment

China official PMI 52.0

Well done Gerry, the rumours were spot on yet again.

This is slightly better than expected and the AUD should get a lift.

By   || June 1, 2011 at 01:01 GMT
Category: All, Asia || Tags: , || 2 comments || Add comment

Quiet start to Asian trade, Australian GDP next event

The Australian GDP figures, China’s official PMI and the HSBC China PMI are the main event risks today.

The FX market is fairly quiet with EUR/USD settling mid-range after the bullish break above recent highs was repelled by some solid offers from real money funds.

By   || June 1, 2011 at 00:52 GMT
Category: All, Asia || Tags: , , || 4 comments || Add comment

Nikkei +0.15%, Kospi flat

Some EUR/JPY selling has emerged at the Tokyo open, profit taking no doubt, and the cross has dipped to 117.25 from 117.45.

By   || June 1, 2011 at 00:04 GMT
Category: All, Asia, orders || Tags: , || 1 comment || Add comment

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