Tag: hits

China’s yuan briefly hits 1-1/2-week high then sinks into the red By Reuters

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo/File Photo SHANGHAI (Reuters) - The yuan briefly touched a 1-1/2-week high against the dollar...

ASIC Fines AUSIEX and Hits CommSec With Largest Ever Penalty

The Australian Securities and Exchange Commission (ASIC) informed on Wednesday that the Federal Court had fined Australian Investment Exchange Limited (AUSIEX) and Commonwealth Securities Limited (CommSec). The cumulative penalty exceeds $27...

EUR/USD hits parity for the first time in five weeks

We're seeing a broad wave of selling in the dollar now as the retreat this week continues to play out. The greenback is struggling amid a shove lower in bond yields, with 10-year...

Deceleration Nation! US Home Price Growth Slows Most On Record In August As Fed Hits Brakes, But Still Growing At 12.99% YoY (US Treasury...

by confoundedinterest17 Alarm! US home prices are decelerating as inflation rages and The Fed tightens. Home price growth in the US slowed the most on record as a doubling of borrowing costs (thanks to the US Federal...

Chinese Yuan Hits 15-Year Low on Political Jitters, Weak PBoC Fix By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- China’s yuan hit its weakest level in nearly 15 years on Tuesday, while its offshore counterpart hit a new record low on growing concerns that the country’s new political...

USD/JPY extends further to the downside after the London fix as intervention hits

USD/JPY continues to fall in what's almost-assuredly intervention from the Japanese ministry of finance.The last time they intervened, they took USD/JPY from a high of 145.90 down to a low of 140.34. That...

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