The Vietnamese dong was stable today after the central bank said that it had intervened to support the currency that was continuously falling. The dong was falling as domestic importers were…
The Japanese yen gained this week as policy makers disappointed those Forex market participants who counted on continuous aggressive easing from the Bank of Japan. It was the fourth consecutive weekly…
The Canadian dollar touched the highest level in a month against its US peer before retreating below the opening level yesterday. The currency fell against the Japanese yen as well because domestic fundamentals…
The Japanese yen closed noticeably higher today as the minutes of the Bank of Japan meeting in May showed that some policy members suggested limiting the term for quantitative easing. The BoJ meeting revealed that…
The Norwegian krone fell today on signs that policy makers are ready to stimulate economy if its growth slows further. As of now, the currency managed to return above the opening level. The Norwegian…
The New Zealand dollar retreated today even though domestic macroeconomic data was rather good and suggested that the economy is faring well. The BusinessNZ manufacturing Purchasing Managers’ Index rose…
The Canadian dollar rallied today as positive macroeconomic data from the United States improved prospects for Canadian exports, increasing the appeal of the nation’s assets. The currency remained below the opening level against the Japanese…
The Australian dollar jumped today after employment data turned out to be much more positive than was expected by Forex market participants. The report allowed the currency to gain against the US…
Positive economic data is helping the US dollar today. Forex traders can compare the situation in the eurozone with that in the United States, and see a contrast. As a result, the greenback is getting a little…
Euro is struggling today with everything that is happening in the eurozone right now. There’s a great deal of uncertainty, and a lot happening related to bailout efforts and plans to keep the euro solvent.…