Australian manufacturing contracted in January, indicating that the nation’s economy remains weak and putting pressure on the Australian dollar. Yet the currency remained little changed today, trading at the highest level since 2008…
The US dollar was flat against the euro, fell against the Great Britain pound and rose versus the Japanese yen today. Market analysts believe that the Federal Reserve will continue to extend…
Canadian dollar is getting a little bit of a boost today, thanks to the latest economic news. Loonie is trading slightly higher against the US dollar, and finding success against some of the other…
Euro is mixed against other major currencies today, thanks to a mixed bag of data. Even though the euro is off its recent highs against the US dollar, though, it…
The New Zealand dollar rose today on hopes for economic growth in China and after the Reserve Bank of New Zealand left its key Official Cash Rate unchanged and issued rather positive statement.…
The Great Britain pound advanced today, rising for the third straight session against the US dollar, as consumer confidence improved and growth of house prices beat forecast in the United Kingdom this month. The GfK…
US dollar is struggling today, particularly against the euro, as the US economy is compared with the eurozone economy. Disappointing economic news is weighing on the greenback. Expectations had been for modest…
Weakness continues for the Japanese yen, as the currency heads lower based on the expectation that future economic policy will continue to encourage weakness in the yen. With the election of Prime Minister Shinzo Abe, economic…
The Indian rupee advanced today on hopes for increasing foreign capital inflows as the nation’s central bank is attempting to bolster the country’s economic growth. The Reserve Bank of India cut its key interest…
The euro rose today, reaching the highest level since November 2011 against the US dollar and the highest since April 2010 versus the Japanese yen, after a report showed improvement of the European economic…