The New Zealand dollar jumped today after the commodity price index surged last month, increasing the attractiveness of nation’s assets. The currency touched the highest level since February 20 against its…
Yen is paring some of its earlier gains against its major counterparts as Forex traders prepare for the first Bank of Japan meeting with Haruhiko Kuroda. A bit of risk appetite is…
The Great Britain pound slumped today after the report showed that the manufacturing sector remained in contraction, albeit shrinking with slower pace. The Markit/CIPS UK Manufacturing PMI rose from 47.9…
The Australian dollar jumped today after the Reserve Bank of Australia kept interest rates unchanged, even though the central bank hinted that more accommodative measures should be expected in the future.…
Euro is a little lower today against the US dollar, thanks in part to record unemployment. However, the 17-nation currency isn’t down by as much as it could be, and it’s still holding its…
The US dollar fell against other major currencies yesterday and extended its losses today. There is still a change that this week’s employment data will allow the currency to recover.…
The Canadian dollar rose against its US counterpart, but fell versus the euro and the Japanese yen. Mixed economic reports from Canada’s major trading partner, the United States, led to confusion…
The Chinese yuan fell today even as the nation’s manufacturing expanded with faster pace last month. The data still missed projections and perhaps it is a reason for the currency’s weakness. According to the official…
Aussie is struggling a little bit right now, thanks in large part to the latest Chinese data. With one of Australia’s major trading partners struggling, the Down Under currency is finding…
The South Korean won fell today, reaching the lowest price in a week, on poor trading data and conflict with North Korea, which threatens to turn into an overt war. The won fell today, following…