The Canadian dollar was surprisingly strong as it was rising yesterday and continued to rally today even as the Federal Reserve tapering announcement made riskier currencies less attractive to Forex traders. As most…
The US dollar maintained gains against most of its major peers today as the Forex market was digesting the Federal Reserve policy announcement. The currency fell against the Japanese yen intraday, but…
The Great Britain pound is still resilient, correcting after yesterday’s big rally, but not much. The currency yet again got support from positive domestic economic data that…
New Zealand gross domestic product expanded last quarter more than was predicted by analysts. Surprisingly enough, the New Zealand dollar demonstrated weakness after the news not only against…
Euro is seeing a bit of strength today, thanks to the latest news about the banking union. It’s not enough for the 17-nation currency to overcome its earlier losses to the dollar and the yen, but the euro…
The Great Britain pound was little changed today following yesterday’s massive gains. The rally was caused by very good employment data from the United Kingdom, but was spoiled to a degree…
The US dollar jumped today, reaching the highest level in five years against the Japanese yen, after the Federal Reserve announced tapering of its asset-purchase program. The currency maintained losses versus the Great…
The Australian dollar was little changed against its US peer and rose versus the Japanese yen today after Reserve Bank of Australia Governor Glenn Stevens signaled that interest rates…
The Indonesian rupiah fell today on concerns that the nation’s current-account deficit will widen after the government will implement the planned ore export ban. The Indonesian government wants to process ore domestically…
The Canadian dollar is most at risk for weakness in a situation that involves the Federal Reserve in the United States tapering its asset purchase program. As a result, the loonie is experiencing a degree of weakness as Forex…