The Australian dollar dropped today after the employment data turned out to be even worse than pessimistic forecasts, adding to signs of economic weakness of Australia. The currency managed to climb versus the Japanese…
The South African rand resumed its decline against the US dollar today as fears of labor unrest in the country remain even as protests subsided and workers started to go back to work. Protesters in the Western…
The Swiss franc dropped today as demand for safety fell amid the positive market sentiment, while the Swiss fundamental data made investors question the safe status of the currency. Comments of European Central Bank…
Euro is gaining today as the latest Spanish auction is considered a success. There is optimism about what’s next for the eurozone right now, and that is translating into gains for the euro,…
Canadian dollar has inched higher against the US dollar, gaining some ground after slipping earlier in trading. Loonie is finding some support, even after some disappointing economic…
The Norwegian krone fell a little against the US dollar today and may retreat even further on speculations that policy makers will try to push the exchange rate down. The currency remained firm…
The Japanese yen fell at the start of today’s session as traders are expecting another intervention from the Bank of Japan. The currency reduced its losses by now and may yet resume its rally. The BoJ…
US dollar is mixed against other majors today as Forex traders consider the latest news and information, and take stock of how things might play out. There is a lot going…
Euro is struggling today as traders look for direction, and as conflicting information weighs on the 17-nation currency. Euro has been teetering between gains and losses, looking for support. Euro has been the subject…
The Australian dollar remained weak today even after consumer confidence improved. The negative mood on the Forex market did not allow the currency to profit from the report, which in fact was not…