Market News

Volatility and directional movement were both in short supply during the session. Loonie pairs were on the move, though, since the Loonie was getting some broad-based demand.

What’s up with the dollar selloff lately, and why aren’t market players letting up? Let’s explore the factors dragging the Greenback lower.

Since Japan’s markets were out on holiday and no major catalyst popped up, traders mostly extended this week’s trends.

Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, the Swiss franc and U.S. Treasuries.

Gold prices edged up to touch their highest in over two months on Friday, set for a fourth consecutive day of gains as rising tensions between the United States and North Korea stoked safe-haven buying.

Australia’s central bank aims to keep interest rates at record lows for a while yet, governor Philip Lowe said on Friday, with any tightening “quite some time away” and likely to be gradual as households try to whittle down a mountain of debt.

Market junkies were in no mood to buy up higher-yielding assets, placing more bets on safe-havens as North Korea tensions remain heightened.

Cracks are showing in what has been a virtually non-stop U.S. equity rally after a rapid escalation of tension between North Korea and the United States this week.

Stocks around the world fell sharply on Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea.

The dollar hit an eight-week low against the Japanese yen on Thursday, as the escalating tensions between the United States and North Korea drove investors to seek safety in assets viewed as less risky.

Do rising real yields cause the exchange rate to rise … or is it a rising exchange rate, impacting the fundamentals, which leads to rising yields?

The U.S. dollar slipped to an eight-week low against the Japanese yen on Thursday as continuing tensions between the United States and North Korea led investors to look for assets viewed as less risky.

Sterling touched a three-week low against the dollar on Thursday as a mixed bag of output and trade data did little to alter investors’ downbeat view of an economy struggling to meet Bank of England targets.

World stocks fell for a third day on Thursday and investors moved back into the Swiss franc, yen and gold as North Korea ratcheted up tensions with the United States with a threat to land a missile just short of the U.S. territory of Guam.

Gold hit the highest levels in two months on Thursday as the United States and North Korea exchanged more threats, prompting investors to buy bullion as a safe haven asset.

U.S. producer prices unexpectedly fell in July, recording their biggest drop in nearly a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase.

The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend remained consistent with a tightening labor market.

The euro slipped towards a two-week low against the dollar on Tuesday as swirling tensions between the United States and North Korea sapped broad demand and prompted investors to take profits after recent strong gains.

NZD continued to bleed out, albeit not as much compared to earlier. GBP and JPY, meanwhile, were duking it out, with GBP ultimately coming out on top.

If you missed it and are weirded out by the Kiwi’s weakness, then here are the key highlights from the August RBNZ statement that you need to know about.