The Australian dollar ended Friday with losses as US economic growth disappointed Forex market participants, spoiling their mood and reducing their willingness to buy higher-yielding currencies. The US economy grew…
The euro ended the last trading day of this week higher against the US dollar, but lower versus the Japanese yen and the Great Britain pound as market participants speculated whether the European Central…
US dollar is heading lower against its major counterparts today, dropping as the latest economic news disappoints. It appears that the Fed won’t be letting up on its easing…
Japanese yen is heading higher today, performing well across the board following the latest Bank of Japan announcement. Yen is getting a boost from the fact that the Bank of Japan is…
The Swiss franc rose today on signs that Switzerland economy stabilized, giving hope that the Swiss National Bank will drop its cap on the currency sometime in the future. The KOF Economic Barometer…
The New Zealand dollar rallied against its US counterpart today as New Zealand’s trading balance surplus surged above analysts’ expectations. The kiwi trimmed its advance versus the greenback later…
The Canadian dollar rallied yesterday as positive macroeconomic reports made investors willing to risk and buy assets associated with higher yield. The currency maintains the gains today so far. Falling US…
The euro remained under pressure as continuously bad reports from Europe drive investors away from the region’s assets and make them question if the European Central Bank will act to help…
UK pound is getting a boost today, thanks to the latest economic data. Indications that the economy grew, rather than contracted, are helping the pound, as it might mean an end is…
More soft economic data out of the United States is weighing on the US dollar today. Speculation that the economic recovery in the United States is slowing is sending the dollar lower against…