US dollar is slumping a little bit today, thanks in part to a shift of focus away from currencies. The latest economic data release hasn’t done a lot to encourage the greenback, and many institutional…
The Russian ruble slid today as the decline of crude oil reduced attractiveness of assets related to the major oil-exporting country. Futures for crude slipped 0.6 percent to $104.72 per barrel in New York today.…
The New Zealand dollar jumped today as the central bank signaled that it is going to tighten its monetary policy even though this is not going to happen this year.…
UK pound is lower against the euro today, thanks in large part to the latest GDP data. Sterling hasn’t changed much against the US dollar, and is higher against the Japanese yen.…
Euro gained as positive data from the eurozone was surprisingly good, giving hope that the European economy will be able to emerge from recession without additional stimulating measures from…
The Australian dollar slumped today as the decline of China’s manufacturing unexpectedly accelerated last quarter, reigniting concerns about growth in the major Asian economy and the biggest trading partner of Australia. Inflation report from…
The Czech koruna managed to gain today despite signs that policy makers may refer to weakening the currency as a measure for spurring economic growth in the country. Czech National Bank Governor Miroslav Singer…
The Indian rupee rose today after the central bank took measures to limit banks’ access to cash in an attempt to halt the currency’s slide. The rupee reacted favorably to the bank’s action. The Reserve Bank of India…
The Turkish central bank performed a significant interest rate hike yesterday following the big drop of the Turkish lira. So far, the currency did not respond to the action in any noticeable manner. The Central…
The Canadian dollar rose today as May’s retail sales beat forecasts, giving hope that the nation’s economy will continue to improve and policy makers will raise interest rates eventually. Just…