Articles by Boby Michael

Email : b.michael@ibtimes.co.uk

Malaysian ringgit near multi-year low as country's forex stocks fall amid rallying dollar

The ringgit is just 280 pips away from last month's six-year low of 3.7381/dollar.

Apr 14, 2015

Euro back near 12-year low against dollar as market awaits US sales data

Slowing China likely to push investors more towards US which is forecast to raise rates.

Apr 14, 2015

Central banks watch: ECB, BoC, Indonesia, Poland to set rates, BoJ minutes, Kuroda, Draghi in focus

Six Fed officials including the Vice Chair Stanley Fischer are also scheduled to speak this week.

Apr 11, 2015

Canadian dollar jumps to two-year high vs euro on better employment data, BoC in focus

The Bank of Canada will review monetary policy next Wednesday, and the March CPI numbers will be out the next day.

Apr 10, 2015

Sterling plunges to 5-year low as disappointing industrial output data weakens Q1 GDP outlook

Uncertainty surrounding general elections also weigh on pound, analysts said.

Apr 10, 2015

A machine counts and sorts out euro notes at the Belgian Central Bank in Brussels

Euro headed for new multi-year low with dollar index back near 100 after strong US data

EUR/USD is likely to break below the 1.055 barrier and retest the 13 March low of 1.0462 early next week.

Apr 10, 2015

China CPI steady but stimulus hope active as PPI still in deflation

The Australian dollar traded higher despite a stronger US dollar on China signals.

Apr 10, 2015

Crude prices pare losses ahead of EIA gas stockpile data

Oil prices still keeping the upward trend since mid-January.

Apr 9, 2015

Euro off one-week low ahead of US weekly jobless data

Euro is off one-week low vs dollar and yen, but reverses gains against pound.

Apr 9, 2015

Pound slips to one-week low vs dollar ahead of BoE rate decision

Pound is also down vs euro and yen ahead of the meeting.

Apr 9, 2015

$Moody\'s$

Moody's revises India's rating outlook to 'positive' on policy optimism

Rating agency says structural reforms and declining oil prices will boost growth.

Apr 9, 2015

India

Hungarian forint jumps to 15-month high vs euro on strong data

Monthly CPI rate has risen to a two-year high, while trade surplus has widened.

Apr 8, 2015

Swiss franc rises vs dollar after March inflation data

Swiss CPI inflation rebounded to 0.3% month-on-month in March after recording 0.3% deflation in February.

Apr 8, 2015

HSBC finds emerging market growth slowing with Brazilian output drop sharpest in six years

The Q1 GDP looks set to have risen 5% annually for the group, half the pace of expansion seen prior to the global financial crisis.

Apr 8, 2015

Precious metals: Silver worst performer while palladium sole gainer

Silver down 1.5% on the day while palladium jumps 1.3%.

Apr 7, 2015

Gold

Euro fails below $1.1100 once again, FOMC minutes in focus

Euro is up about 5% so far in April after the 23% decline since June to the 12-year low of last month.

Apr 7, 2015

Aussie dollar jumps as RBA leaves rates untouched and on soft currency remarks

RBA leaves the official cash rate at a record low of 2.25% as expected.

Apr 7, 2015

Indian rupee further off 1-month high ahead of RBI rate review

Fall related to broad dollar strength as rupee under little pressure from greenback with USD index easing.

Apr 7, 2015

Gold off 7-week high as oil slips on Goldman forecast

Goldman Sachs says it sees little upside for its $40/bbl forecast over the next three months.

Apr 7, 2015

Goldman Sachs

Dollar near one-month low as weak US jobs data continues to weigh

ISM services PMI, labour market index and speech by Fed's William Dudley will be US events to watch.

Apr 6, 2015

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