Posts published in June 2013

The Canadian dollar continued to fall against its US counterpart today as macroeconomic data suggested that the Federal Reserve will be able to tamper its stimulus program. The currency was a little…

The Swedish krona rose today even as producer prices fell last month, supporting the view that lower interest rates are necessary. Statistic Sweden reported that the Producer Price Index…

Greenback is heading higher today, thanks in large part to the latest durable goods orders. The improvements in the US economy indicate that the Federal Reserve’s decision to begin tapering bond purchases in the relatively…

Euro saw some gains earlier, but those have been largely erased as the 17-nation currency heads lower on the reality that banking union plans are far from being settled,…

The Hungarian forint fell against the euro today as the central bank cut interest rates in order to facilitate economic growth, but has recovered as of now. The currency managed to advance versus the US dollar,…

The Canadian dollar was among many losers that have suffered from the negative sentiment on the Forex market after the US Federal Reserve speculated about possible reduction of asset purchases. The currency…

The Forex market sentiment stayed in the risk-aversion mode, but it did not help the Japanese yen to rally. The currency halted its decline though. Prospects for an early reduction of stimulating measures by the US…

The dollar showed amazing performance last week, gaining against other most-traded currencies. Will it be able to extend the rally or is a sharp correction incoming? The Federal Reserve and its Chairman…

The South Korean won fell today, touching the lowest level in a year against the US dollar, as the Forex market stayed in the risk-aversion mode after the US Federal Reserve signaled last week about…

Australian dollar has been struggling a bit recently, but today there has been some gains, following a bit of weakness. But, even with the Aussie higher right now, is…