US dollar is higher today, gaining against its major counterparts. Remarks by Federal Reserve Chair Ben Bernanke, along with the latest unemployment data, are helping the greenback. Greenback…
The Great Britain pound fell against the US dollar and rose versus the Japanese yen after a report showed that retail sales increase last month, but the rate of growth was significantly…
The Great Britain pound climbed today as unemployment claims fell and the minutes of the last Bank of England meeting reveled that policy makers were considering usage of other tools than asset purchases…
The Canadian dollar fell today as Bank of Canada Governor Stephen Poloz kept interest rates unchanged and released a policy statement that was definitely less hawkish than statements of the previous central…
Euro is struggling today as uncertainty about the stability of the eurozone continues to weigh on sentiment. Between disappointing economic data, and conflicting reports about funding gaps, there are worries about what…
Japanese yen is gaining today as Bank of Japan policymakers share their assessment of the economy. Even with an upbeat view of the recovery, yen is lower against its major counterparts. The Bank…
The South Korean won advanced today as investors were buying Asian nation’s assets amid risk appetite created by hopes that the US Federal Reserve will maintain its stimulus. According…
The Turkish lira fell for the first time this week on concerns that the expected interest rate hike will be smaller than was previously anticipated by market participants. Previously, the lira was…
The Canadian dollar rallied against its US peer yesterday on speculations that the Federal Reserve is going to tamper stimulus, but retreated a little today. The currency erased losses versus the Japanese…
The US dollar dropped today ahead of this week’s testimony of Federal Reserve Chairman Ben Bernanke. Traders yet again speculate about a reduction of quantitative easing, but they are less…