Norway's FinMin: Economic policy must ensure weak crown

Norway's Finance Minister Siv Jensen is being quoted via Reuters, noting that economic policy must ensure weak crown currency for now. The comments exemplify, yet again, the current currency war that exist globally.

May 11, 2016

Oil dips in Asia on record high crude stockpiles

Oil benchmarks on both sides of Atlantic snapped previous rebound and fell back in the red on resurgence of oversupply worries following bearish API report.

NZD/USD jumps past 0.6800 after RBNZ report

The NZD/USD pair jumped above 0.6800 after RBNZ published its semi-annual Financial Stability Report, which highlighted the housing and dairy markets...