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Daily Market Report
for 8/10/2015
Malaysian ringgit gains over 2% on stronger exports, oil price
07 Oct 2015 18:13 Times of India
SINGAPORE: Malaysia's ringgit jumped more than 2 percent on Wednesday as August exports were stronger than expected and a rebound in global crude prices eased concerns over the country's overseas earnings from oil and gas sales.  more...
NZ dollar gains as dairy prices rise
07 Oct 2015 09:26 NZCity
The New Zealand dollar gained after dairy prices rose at the latest GlobalDairyTrade auction, soothing concerns about the local economy and eroding expectations the Reserve Bank will cut interest rates this month.  more...
Singapore dollar gains on a weaker U.S dollar
08 Oct 2015 00:15 FX News Call
The Singapore dollar posted a robust gain against the U.S. dollar during Wednesday's trading session, in line with a broad retreat in the U.S.  more...
Aussie Dollar's Rally Against Kiwi Seen Souring as Milk Rebounds
07 Oct 2015 12:03 Bloomberg
Australia's dollar looks to be headed back down against New Zealand's after the Aussie-kiwi topped out near its highest level in two years.  more...
Weekly Forex Outlook: Euro
07 Oct 2015 07:56 Seeking Alpha
The EUR/USD is trading at 1.1175 as of 11PM EST retracing the 160-pip gain from October 2nd. The euro has depreciated almost 400 pips versus the USD since August 24, 2015, and 270 pips since September 18, 2015.  more...
New Zealand Dollar: This is a 'Good Rally' That Could Last
07 Oct 2015 22:11 Pound Sterling Live
In addition, a sharp rebound in dairy prices driven by supply-side factors is helping to mend New Zealand's terms of trade.  more...
Canadian Dollar Rises for Fifth Day as Crude Oil Prices Surge
07 Oct 2015 05:18 Bloomberg
The Canadian dollar gained for a fifth day, the longest streak since June, rebounding after last week's plunge to an 11-year low.  more...
NZ Dollar Gains as Dairy Price Jump Cools RBNZ Rate Cut Bets
07 Oct 2015 19:22 DailyFX
The New Zealand Dollar outperformed in overnight trade, rising as much 0.8 percent on average against its leading counterparts, after the average price at the Global Dairy Trade (GDT) auction jumped 10 percent, marking the fourth consecutive advance.  more...
In Global Payments, Chinese Yuan Surpasses Japanese Yen
07 Oct 2015 06:37 Forbes
The yuan currently accounts for 2.8% of global payments as of August, compared with 44.8% for the dollar, 27.2% for the euro and 8.5% for the British pound.  more...
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