Latest update March 23rd, 2018 12:31 PM
Aug 10, 2017
Fundamental Analysis, Market Analysis
Asian stocks turned lower reversing earlier gains on Thursday as investors continued to take risks off the table owing to the continued tensions between the United States and North Korea
EUR/USD was little changed and slipped down only about 0.1 percent in value to the lows of 1.1732 while the dollar index against a basket of major currencies added 0.1 percent to 93.620.
NZD/USD slipped to a near one-month low of $0.7300 losing 0.5 % after Reserve Bank of New Zealand Governor Graeme Wheeler’s comments on the NZ Dollar.
AUD/USD opened Asia 0.7991 after a steady session in the Wall Street, before reversing lower to revisit the session low at 0.7870 loosely tracked by the movements in the NZD.
USD/JPY after going as low as 109.560, its weakest in eight weeks. ticked a few points higher into the Tokyo fix time today, popping above 110.10 briefly before giving back some of its gains.
IC Markets is revolutionizing on-line forex trading; on-line traders are now able to gain access to pricing and liquidity previously only available to investment banks and high net worth individuals.