Markets are clearly risk on today, but the US dollar isn’t weakening quite as much as expected. While the dollar is slightly lower against some of its major counterparts, the performance isn’t…
The Indonesian rupiah declined today, demonstrating the biggest drop in almost six years, on speculations that the central bank does not do enough to prevent currency’s depreciation. Indonesian President Susilo Bambang…
Sterling is higher against its major counterparts again today, getting a boost from the fact that it seems as though the UK economy is on the road to recovery. There is optimism…
The Japanese yen fell today after the Bank of Japan released the minutes of its August policy meeting and as tensions about the situation in Syria eased, reducing demand for safe assets. The Bank of Japan released…
The Canadian dollar traded near the highest level in three weeks against its US peer and at the strongest price in a month versus the Japanese yen after building permits surged. Not all news…
The euro jumped after the Sentix Investor Confidence unexpectedly climbed and returned to the positive territory, adding to signs of economic recovery in the eurozone. The index advanced from -4.9 in August to 6.5 in September. The actual increase…
The Australian dollar rose today, rebounding after the earlier decline, as signs of growth in China and Australia made investors more willing to buy the growth related currency. China’s trade balance improved from…
The Czech koruna rose today even as falling inflation sparked talks about possible intervention. Some analysts think that it is a good time to sell the currency. Annual inflation decelerated…
Data continues to weigh on the US dollar today. Greenback plunged Friday after the unemployment report for August, and today’s performance is lower as other currencies make a stronger showing, backed by their own…
Yen is weaker today following the announcement that Tokyo has been selected to host the 2020 Olympic Games. Many expect that this will lead to more government spending, as a great…