The Great Britain pound dropped today against the US dollar and the Japanese yen after the Bank of England kept its official bank rate and the asset-purchase program unchanged. The sterling jumped versus the euro.…
Even though the US dollar’s performance against its major counterparts is mixed, the dollar index is a little bit higher, mostly due to current euro weakness. There are plenty…
Even though the European Central Bank kept rates on hold for now, there are still concerns about the future. With the eurozone economy moving sluggishly, and the sovereign debt saga far from…
The Australian dollar advanced today, reaching the highest level since September against the US dollar and the highest since April versus the Japanese yen, as Australian employment data was much better than…
The South African rand gained today, advancing for the fourth straight trading session, as the nation’s current account deficit remained unchanged last quarter, proving that analysts’ pessimistic predictions were wrong.…
The Great Britain pound fell against the US dollar, yet managed to advance versus the euro and the Japanese yen today even as fundamentals were not at all supportive for the currency. The Office for Budget Responsibility…
The Polish zloty managed to appreciate today even after Poland’s central bank slashed its key reference rate amid the economic slowdown and hinted that further rate cuts are possible.…
US dollar is inching higher today, eking out some gains after earlier softness. With the latest news out of the eurozone designed to weigh on high beta currencies, greenback is…
The Australian dollar retained yesterday’s gains against its US peer and rose versus some other most-traded currencies, including the Japanese yen, today even as the data showed that Australia’s economic…
Euro is heading a little bit lower, slipping as eurozone data disappoints, and as the Spanish bond auction doesn’t go as well as hoped. After hitting a seven-week high against the US dollar, the 17-nation…