FinData: Daily FOREX Report

Latest Currency News

Morgan Stanley: Australian dollar to fall right through 2018

18 May 2018 10:50

MacroBusiness (blog)

Australia and New Zealand have shown the highest correlation between housing and currencies, he said. New Zealand's dollar has dropped 6.1 percent against the greenback in the past month, the worst-performing G-10 currency. The kiwi slid to a ... more...

New Zealand dollar to shed 4pc by year end, Morgan Stanley says

18 May 2018 09:00

The Australian Financial Review

New Zealand's dollar will drop another 4 per cent by year-end as rising household debt levels leave the economy vulnerable to higher US interest rates, the New York-based bank says. more...

The Swiss Franc Finally Finds a 'Buyer'

18 May 2018 04:00

Pound Sterling Live

Despite a long run of weakness, the Swiss Franc has finally found a 'buyer'. Canadian Imperial Bank of Commerce (CIBC) has opened a tactical short in CAD/CHF, according to a recent note from their research department, and they are watching for the ... more...

Italian parties agree basis for government deal, say no threat to euro

18 May 2018 01:18

Reuters

ROME (Reuters) - Italy's two anti-establishment parties agreed the basis for a governing accord on Thursday that would slash taxes, ramp up welfare spending and pose the biggest challenge to the European Union since Britain voted to leave the bloc two ... more...

EU fears new Italian policies could set stage for next euro zone crisis

18 May 2018 00:50

Reuters

BRUSSELS (Reuters) - Italy's emerging ruling coalition is likely to put deeper euro zone integration on hold and could set the stage for the bloc's next crisis if it delivers on its tax-cutting and high-spending policies, European policymakers and ... more...

Brexit Might just be Registering on the British Pound's Radar Once Again

17 May 2018 20:18

Pound Sterling Live

The foreign exchange market appears to once again be taking cues from Brexit headlines following a multi-month hiatus in which all things Brexit have pretty much been ignored by Sterling. more...

Pound surges on customs union report; dollar hovers at 2018 highs

17 May 2018 18:45

MarketWatch

A stand-out gainer was the British pound GBPUSD, +0.0222% which surged to $1.3547 from $1.3490 late Wednesday in New York. Against the euro GBPEUR, +0.1488% the pound jumped to €1.1459 from €1.1426 late Wednesday. more...