AUD/JPY: Fed Minutes Weigh on the Aussie

The Australian dollar is foreseen to give up further ground alongside the Japanese yen today as the minutes of the Federal Reserve’s latest meeting suggested that policymakers are increasingly divided about the downside risks of their bond-buying, raising the possibility of an early end to its stimulus efforts. Meanwhile, analysts deem that the Japanese economy will perform better in the coming fiscal year earlier than expected.

Continue Reading...

Follow the Money… out of the U.S. dollar?

Recently, stock markets appear to have experienced an almost euphoric phase, seemingly shrugging off most negative news flow day after day. Recently, stock markets appear to have experienced an

Gold News

Gold little changed trading around $890/oz and waiting for a direction Gold little changed trading around $890/oz and waiting for a direction Bullion earlier got a boost when Asian stocks