The Australian dollar advanced today as consumer sentiment improved this month, reducing incentive for the central bank to lower its interest rates. The Westpac Melbourne Institute Index of Consumer Sentiment rose 7.7…
The Japanese yen rose today as the members of the Group of Seven had conflicting views on the efforts of the Japanese government to cub the gains of currency, leading to the view that the yen will pause its downfall. Forex…
The Swiss franc rallied today even as Swiss policy maker were complaining about the strength of the currency, hinting that they are going to keep the franc weak. The currency erased gains versus…
Canadian dollar is looking to regain some ground, but some of the gains against major counterparts may not last. Loonie is struggling a bit, thanks to “valuation fatigue”, and that could…
The Polish zloty went down today on speculations that a report this week may show that inflation slowed last month for the fourth consecutive month, giving the central bank incentive to lower…
Euro gained earlier, following a pledge from G-7 nations to avoid a currency war. Euro is still higher against the US dollar right now, although it is paring some…
The South African rand dropped today after the North Korean nuclear weapon test increased geopolitical tension, making investors seek safety and avoid riskier assets. North Korean performed an underground…
The Japanese yen posted the biggest drop in more than two weeks yesterday and retained the drop today as comments of various politicians suggested that the currency will be allowed to fall further. Haruhiko…
UK pound is heading lower again, dropping as economic concerns once again dominate the situation. Worries about what’s next for the British economy are weighing on the sterling, sending it lower…
US dollar is mixed today as Forex traders consider recent information, and try to come to decisions about what is likely next for the world’s currencies. There is a lot going on right…