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The Australian dollar was the main mover in Monday’s Asian session as a result of data from China, which is Australia’s main trading partner. Manufacturing PMI data from the world’s second largest economy showed that expansion in the manufacturing sector was steady at an 18-month high and...

The euro briefly made a one-month high versus the dollar early on Wednesday and briefly brushed the key $1.3600 level. The strength was partly due to positive news from Germany that German Chancellor Angela Merkel reached a deal with the Social Democratic party (SDP) after weeks of negotiations...

The US dollar slid against the yen during a quiet Asian session today, trading below the key 100 yen level and touching a low of 99.56 before steadying at 99.80 by the end of the session. Much of the reason behind the slide is due to profit taking as market participants are unwilling to take...

The US dollar finally hit the key psychological level of 100 yen today, rallying 0.2% in the European session as the yen extended weakness on the back of comments from Japan’s finance minister today. Taro Aso mentioned that Japan was willing to use market intervention as a policy tool in order...