Posts published in November 2013

UK Pound Gets Help from Better Data and the Fed

UK pound is making progress against many of its major counterparts, thanks in part to the economic data coming out of that country, and with the help of the release of the minutes from the last Federal…

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More Weakness for the Canadian Dollar

The Canadian dollar continues to weaken. Evidence of economic slowing is weighing on the loonie, and there is speculation that the Bank of Canada will decide to cut interest rates at some point in the near future…

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Aussie Drops on Threat of Intervention

The Australian dollar slid today on the treat of an intervention from the central bank. Policy makers think that the Aussie remains too strong despite the recent drop. Reserve Bank of Australia Governor Glenn…

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Swiss Franc Gains as Economic Expectations Improve

The Swiss franc gained today as economic expectations continued to improve. The currency maintained the rally even as members of the central bank are convinced that the cap on the Swissie should be kept in place. The ZEW-CS-Indicator…

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Dollar Mixed on Prospects for Fed Tampering & Poor Data

The US dollar weakened against the euro and the Great Britain pound today after yesterday’ rally. At the same time, the currency managed to reverse yesterday’s drop versus the Japanese yen. The dollar strengthened on the previous…

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