The Mexican peso was firm today even after the central bank unexpectedly cut its main interest rate and voiced concerns about domestic economic growth. The currency gained against other…
The Canadian dollar surged today as the domestic employment report was amazingly good, while poor non-farm payrolls in the United States reduced concerns about stimulus reduction by the US central bank, adding…
Euro is mixed today, thanks to comments made by Mario Draghi following the latest ECB meeting. Concerns about the strength of the economic recovery in the eurozone are weighing on the 17-nation currency. The euro is…
US dollar is lower today, thanks to the latest jobs report. The US economy didn’t add as many jobs as expected in August, and the figures for June and July were revised downward. This development…
The Malaysian ringgit fell today as concerns about the decline of the nation’s trade and current-account surpluses made traders reluctant to buy the currency. The Malaysian trade balance surplus narrowed from $4.32 billion in June…
The Indonesian rupiah was soft today as rising oil prices made investors worried that the nation’s trade balance deficit may worsen. Such worries were obviously negative for attractiveness of Indonesian…
The New Zealand dollar managed to reverse yesterday’s losses against its US counterpart today and traded sideways versus the Japanese yen. It was surprising, considering uncertainty about this month’s…
The Canadian dollar rallied today against some other majors, including the euro and the Japanese yen, as traders expect a positive employment report tomorrow. The currency weakened a bit versus the US dollar. Analysts…
The Swedish krona dipped today as the central bank left interest rates unchanged, but some policy makers were arguing that lower rates are necessary to facilitate economic growth. The Riksbank…
The Great Britain pound dropped versus the US dollar today, but remained relatively firm against the Japanese yen after the Bank of England concluded its policy meeting, leaving interest rates…