Earthquake strikes New Zealand

An earthquake of magnitude 5.7 has hit the top of New Zealand South island, with buildings in Wellington shaking, news agencies are reporting.

Feb 9, 2016

AUD/JPY in free-fall mode, 6th straight day of losses

AUD/JPY continues in free-fall mode, currently extending losses beyond the overnoght lows at 81.50, last at 81.37, which marks the lowest level since January 21st, as risk off remains at full steam, with the Nikkei 225 sinking by as much as -4.15% at present.

AUD/USD: downside open on lackluster outlook

AUD/USD is breaking on the back of the NAB business survey. The data was mixed, but shows that it is too early for conditions to excel and that confidence is sub-trend, but holding up reasonably well in the face of financial turmoil...