IFX Matthias

Euro steady in Early Asia, All Eyes on Cyprus The euro was at $1.2974 Immediate support is seen around $1.2844, last week's low, and a break there would open up the way to $1.2661 More Forex News - at instaforex.com

Boj Offers to Buy 400 Bln Yen Cp Outright from 3/27 Via Asset Purchase Program BOJ offers to buy 400 bln yen CP outright from 3/27 via asset purchase program. More Forex News - at instaforex.com

Japan Has Y777.5 Billion Trade Deficit In February Japan saw a merchandise trade deficit of 777.5 billion yen in February, the Ministry of Finance said on Thursday. That beat forecasts for a shortfall of 855.9 billion yen following the downwardly revised deficit of 1,630.9 billion yen in January (originally 1,629.0 billion yen). Exports dipped 2.9 percent on year, missing forecasts for a 1.7 percent contraction following the 6.4 percent gain in the previous month. Imports jumped an annual 11.9 percent versus expectations for a rise of 15.0 percent after rising 7.3 percent a month earlier. More Forex News - at instaforex.com

Krw Bounces, Breaking 8-Day Losing Streak The South Korean won rebounded against the dollar on Tuesday morning, and was poised to snap an eight-day losing streak, its longest run of losses since early 2009. The local currency was quoted at 1,108.9 against the dollar at 0025 GMT, up half a percent compared to Monday's close at 1,114.6. More Forex News - at instaforex.com

Euro At Near 3-week Low Against Franc The European currency lost ground against the Swiss franc in Asian morning deals on Monday. The euro fell to 1.2173 against the franc, its lowest since February 27. On the downside, the euro-franc pair may break 1.21 level. The pair finished last week's deals at 1.2275. More Forex News - at instaforex.com

Yen Off Fresh 3-week Low Against Pound The Japanese yen that fell against the currencies of the U.K. and Switzerland at the beginning of Friday's Asian session erased some of its losses shortly. The yen snapped back above the 145.0 level versus the pound, rising as high as 144.85 from a fresh a 3-week low of 145.18. The pair closed Thursday's North American deals at 144.98. The yen also erased losses to reach as high as 101.40 from a 3-day low of 101.64 hit earlier. The franc-yen pair was worth 101.49 at Thursday's North American close. More Forex News - at instaforex.com

Australia February Unemployment Rate Steady At 5.4% Australia saw a seasonally adjusted unemployment rate of 5.4 percent in February, the Australian Bureau of Statistics said on Thursday. That was unchanged from the previous month, and it also beat forecasts for 5.5 percent. The Australian economy created 71,500 jobs in February - well ahead of forecasts for an increase of 10,000 jobs after 10,400 jobs were added in the previous month. The participation rate was 65.3 percent, also beating expectations for 65.0 percent - which would have been unchanged from the January reading. More Forex News - at instaforex.com

Malaysian Ringgit Spikes Up To 1-week High Against U.S. Dollar The Malaysian currency gained ground against the U.S. dollar during early Asian deals on Wednesday. The ringgit strengthened to a 1-week high of 3.1018 against the greenback, gaining 0.26 percent from Tuesday's close of 3.11. The ringgit is poised to break next upside target level at 3.09. More Forex News - at instaforex.com

Japan Corporate Goods Prices Rise 0.2% In February An index measuring prices for domestic corporate goods added 0.4 percent on month in February, the Bank of Japan said on Tuesday, coming in at 101.0. That beat forecasts for an increase of 0.3 percent following the downwardly revised 0.2 percent gain in January (originally 0.4 percent). On a yearly basis, prices eased 0.1 percent - matching forecasts following the downwardly revised 0.3 percent contraction in the previous month (originally -0.2 percent). Export prices were up 0.4 percent on month and down 0.8 percent on year, while import prices added 0.6 percent on month and dipped 0.8 percent on year. More Forex News - at instaforex.com

NZ Dollar Ticks Down Against Majors The New Zealand dollar edged lower against its major opponents on Friday morning in Asia. The kiwi reached 0.8266 against the greenback, down from Thursday's closing value of 0.8285. The New Zealand dollar that advanced to an 11-day high of 78.74 against the yen at the beginning of the Asian session slipped back to 78.50. The kiwi also drifted lower to 1.5853 against the euro and 1.2414 against the Australian dollar, compared to yesterday's closing quotes of 1.5830 and 1.2402, respectively. More Forex News - at instaforex.com

Asian Shares Retreat After Rally, C.bank Meetings in Focus Asian shares fell after two strong days of gains on Thursday, as investors focused on meetings of the central banks of Japan, Britain and the euro zone for signs of more policy stimulus, while solid U.S. economic data underpinned the dollar. Japan's Nikkei stock average was one major exception, soaring to its highest since late September 2008. The MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent, having recouped much of its losses incurred on Monday when it tumbled to a nine-week low. South Korean shares led the declines in the pan-Asian index, with a 0.7 percent drop. Australian shares fell 0.4 percent after earlier touching a fresh 4-1/2-year peak. More Forex News - at instaforex.com

Dow Record Bolsters Risk Sentiment, Lifts Asian Shares Asian shares extended gains on Wednesday as investors grew more risk-friendly following Wall Street's record close, signs of continuing U.S. economic recovery, and globally accommodative monetary conditions. The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, after surging 1.3 percent the day before. Australian stocks jumped 0.9 percent, with banks and miners leading the index as investor confidence were buoyed by upbeat domestic data and signs of steady growth in China. Japan's Nikkei stock average opened up 1.1 percent at a fresh 4-1/2-year peak. South Korean shares opened up 0.8 percent. More Forex News - at instaforex.com

Asian Shares Rebound, Easy Policies feed Risk Taking Asian shares rebounded strongly on Tuesday after a sharp sell-off triggered by slumping Chinese stocks the previous session, as a globally accommodative monetary stance helped revive risk appetite. The MSCI's broadest index of Asia-Pacific shares outside Japan jumped 1 percent after tumbling 1.3 percent as Chinese shares dived on concerns Beijing's move to tighten the housing market could weigh on growth. Australian stocks outperformed their Asian peers with a 1.5 percent rally, led by financial stocks ahead of an interest rate decision by the Reserve Bank of Australia. Japan's Nikkei stock average rose 0.8 percent. Seoul shares open up 0.46 percent. More Forex News - at instaforex.com

Asian Shares weighed by Patchy Growth Outlook, US Data Supports Asian shares eased on Monday, with sentiment hurt by a patchy global growth outlook and weak data from Europe, but losses were limited as robust U.S. economic figures overshadowed worries about automatic spending cuts hurting the U.S. economy. The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, with Australian shares falling 0.4 percent on lower metal prices. South Korean shares opened up 0.1 percent after financial markets were closed on Friday for a holiday. Japan's Nikkei stock average opened 0.8 percent higher as a weaker yen helped buoy sentiment. More Forex News - at instaforex.com

Australian Dollar Weakens After China Manufacturing PMI Hits 5-month Low The Australian dollar edged lower against its major counterparts on Friday morning in Asia after a report showed that the Chinese manufacturing PMI eased to a 5-month low in February. Chinese Manufacturing PMI reached 50.1 in the month of February, down from previous month's figure of 50.4. Economists had expected the headline index to advance to 50.5 in the month. The aussie slipped to 1.0208 against the US dollar and 94.48 against the yen immediately following the data. The Australian currency also drifted weaker to 1.2809 against the euro and 1.2376 against the New Zealand dollar around the same time. More Forex News - at instaforex.com