The Australian dollar plunged below parity on Friday night, falling to a nine month low, to trade as low as 0.9960, before a late rally saw it close the week just above parity. The move came as the ...

The Japanese yen has plunged overnight with the U.S. dollar surging to above the psychological 100 level for the first time 4 years. The U.S. dollar surged as jobless claims fell to their lowest ...

The Reserve Bank of Australia has moved to cut its benchmark interest rate to a record low at 2.75%, in a move that caused the Australian dollar to plunge to as low as 1.0150 before recovering. ...

Rumours are rife that billionaire investor and philanthropist, the man most famous for breaking the Bank of England, in an audacious move to short the pound sterling in 1992, George Soros, is now ...

EUR/USD was mostly flat line for the Asia session with Japan on holidays and China having had the beginning of the week off. The European session started with a jump from 1.3070 to 1.3125 but we can ...

As the euro zone struggles with record high unemployment, the European Central Bank has moved to cut interest rates to a record low. As expected by most market participants, the ECB cut its ...

The latest minutes of the Federal Open Market Committee show that the Federal Reserve will maintain its current pace of $85 billion in bond purchases saying that it “is prepared to increase or ...

A crisis of disunity is brewing in the euro zone as a fundamental divide is growing between Germany and the less indebted nations and those that have been hardest hit by the debt crisis. Germany and ...

The austerity driving reforms across Europe appear to be coming to an end with Silvio Berlusconi once again back in the limelight in Italy and an investment accord between Germany and France focusing ...

Kai Konrad, one of the most senior economic advisers to the German government has said that the euro has a limited chance of survival and that the common currency may only last for another five years....