The euro surged today after the European Central Bank left interest rates unchanged and voiced optimism about future economic developments in the eurozone. The ECB maintained rates unchanged, including the benchmark minimum…
Australian dollar is down across the board today, falling as weak GDP data weighs. Aussie is down against all of its major counterparts as concerns about what’s next for the Down…
The Great Britain pound strengthened today after the Bank of England left its monetary policy unchanged, refraining from additional stimulus. The BoE maintained its already extremely accommodative policy stable.…
The Canadian dollar fell today as mixed US macroeconomic reports created uncertainty and confusion on the Forex markets, making riskier currencies less appealing to investors. The employment report of Automatic Data Processing showed…
The Japanese yen advanced today amid the risk aversion sentiment among Forex market participants and as Prime Minister Shinzo Abe did not mention additional stimulus measures. Abe described the “third…
Risk aversion is back in vogue today, and that is weighing on the euro today. Indeed, euro is a little lower ahead of tomorrow’s expected ECB policy announcement. Forex traders are…
US dollar is struggling a bit today following the weak jobs data just released. Mostly, the dollar is lower against the Japanese yen today, but it is still struggling…
The Great Britain pound advanced today as UK service industries expanded last month with fastest pace in more than a year, exceeding analysts’ expectations and adding to signs of economic recovery in the United…
The Australian dollar slumped today for the second day as country’s economic growth last quarter was slower than market participants have hoped for, sparking talks about an interest rate cut.…
The Great Britain pound rose against the Japanese yen today as construction made a pleasant surprise, unexpectedly expanding last month, adding to signs of recovery. The currency was little changed against the US…