The New Zealand dollar dropped today after the Reserve Bank of New Zealand maintained interest rates unchanged and suggested that it may intervene to weaken the currency. The currency erased the drop against…
The Chinese yuan fell today as the World Bank reduced its projections for global growth. The previous data from China did not help the currency either. The World Bank lowered its estimate…
The Canadian dollar dropped today against other most-traded currencies even though fundamentals were supportive for the loonie. Earlier, the Canadian currency advanced against the US dollar and the euro, but erased its…
The US dollar fell today as Forex market participants continued to anticipate that the Federal Reserve will tamper its stimulus program amid signs of recovery. The Dollar Index dropped 0.4 percent…
Aussie is getting a bit of a boost today, thanks to improvement in consumer sentiment. Australian dollar is gaining against the US dollar as questions about what’s next for the US dollar continue, and as the situation…
Euro is struggling today, heading lower after the latest industrial production report for the eurozone. Concerns about what’s next for the 17-nation currency are still extent, and that is dragging on performance…
The Japanese yen gave away some of its yesterday’s gains on speculations that the gains were too big. Additionally, there was an opinion that the Bank of Japan will add stimulus later,…
The Great Britain pound advanced today as the number of Britons seeking unemployment benefits was smaller than analysts have previously estimated, giving evidence that the UK economy is recovering. The number…
The Canadian dollar dropped versus its US peer, but managed to rebound on the previous trading session. The currency stayed near the opening level at today’s session. Meanwhile, the loonie remained soft against…
UK fundamentals were mixed today, resulting in no clear trend for the Great Britain pound. The currency rose against the US dollar, fell versus the Japanese yen and was little changed against…