The Australian dollar dropped today after data showed that the unemployment rate increased despite strong growth of employment last month. Australian employment grew by 21,000 in November after rising by 700…
The latest news about industrial output in the eurozone is weighing on the euro right now. The 17-nation currency is pulling back against some of its major counterparts, dropping as concerns about the economic…
Canadian dollar is heading lower today following a few days of gains against most of its major counterparts. The loonie saw some solid gains on recent oil prices data, but…
The Swiss franc fell against the US dollar and erased gains versus the euro after the Swiss National Bank kept its monetary policy unchanged today, maintaining the cap on the currency. The SNB kept…
There were signs that US politicians may reach an agreement about the budget. The dollar attempted to profit from the news, but was unable to demonstrate any real strength against the euro…
The New Zealand dollar was soft today, but managed to erase part of its losses after the central bank signaled that it may reduce monetary stimulus in relatively near future.…
The latest money market rates are providing some help for the euro right now. It appears that things are looking up for the euro as the ECB signals that, even though rates…
The Israeli new shekel fell today as Israel’s government voiced concern that a strong currency damages nation’s exports and economy. Israeli exports tumbled 16 percent last quarter following the 8.7…
The Thai baht advanced today as Prime Minister Yingluck Shinawatra took drastic measures to ease political tensions in the country, dissolving the parliament. Previously, protests against the current government were pushing the baht…
The Canadian dollar advanced today with help of rising commodity prices. Loonie’s performance is strongly correlated to moves of prices for raw materials. Futures for crude oil, the major Canadian export, rose…