Euro would have been weakening anyway, thanks to recent efforts from the ECB, but weak Chinese data is weighing on risk appetite, and the euro is down across the board.
September 15th, 2014 at 9:47
The Australian dollar opened sharply lower today due to worse-than-expected economic data from China released over the weekend. While the currency bounced from daily lows, it is still far below the Friday’s closing rate.
September 09th, 2014 at 11:13
The Chinese yuan gained today as the nation’s central bank raised its daily reference rate by the most in almost four years after yesterday’s positive trade data.
September 08th, 2014 at 17:31
The Australian dollar slumped against its US counterpart and weakened against the euro even as both domestic and overseas economic news were positive for the currency, which was demonstrating remarkable strength last week.
August 27th, 2014 at 12:06
The New Zealand dollar climbed today after Fonterra Cooperative Group Ltd., the world’s biggest dairy exporter, maintained its milk-price forecast on expectations that China will increase imports.
August 21st, 2014 at 10:57
The Australian dollar dipped today after manufacturing data from China disappointed traders. Yet for whatever reason the currency was able to erase the big drop and trades near the opening level right now.
August 19th, 2014 at 22:38
The Chinese yuan advanced today, reaching the highest level in five months, on forecasts of manufacturing growth in the second biggest economy in the world.
August 01st, 2014 at 12:32
The Chinese yuan fell against the US dollar today even though both official and private estimates of nation’s manufacturing were rather good, showing than the sector was expanding with accelerating pace last month.
July 24th, 2014 at 19:24
The Chinese yuan advanced today after the gauge of the nation’s manufacturing sector demonstrated an increase this month which was above economists’ projections.
July 21st, 2014 at 17:47
The Australian dollar started the week falling due to concerns about economic slowdown in China as well as because of the general risk-aversion sentiment on the Forex market, which persisted since the last week.