The Canadian dollar rose today, rallying for the second session against the US dollar and the euro, as the nation’s economy continued to grow in November. At the same time, the currency retreated versus the Japanese yen following yesterday’s…
The US dollar continues to strengthen today, in the fact of global uncertainty, and as the Federal Reserve continues tapering efforts. There is a lot helping the greenback right now, and it is little surprise that…
Euro is struggling today as the latest economic data indicates that the situation is still mostly static in the eurozone. The 18-nation currency region continues to fight with unemployment, and the inflation level remains…
The Great Britain pound dropped today as the mood of Forex traders turned sour and they preferred to stick to safer currencies. Even improving confidence of Britons was not able to help the sterling. The GfK…
The New Zealand dollar dropped today even as the nation’s trade surplus widened last month. The increase was smaller than analysts have anticipated and the general market sentiment was less positive…
The Japanese yen advanced as a set of good macroeconomic report was released from Japan today, suggesting that policy makers do not need to implement additional monetary stimulus and may even…
The US dollar jumped today as traders digest the news about quantitative easing tapering by the Federal Reserve. Excessive monetary stimulus was detrimental for the dollar and its reduction helped the currency to gain. The Fed…
The Mexican peso advanced today as economic growth in the United States improved prospects for Mexico’s exports to its neighbor and the biggest trading partner. US gross domestic product rose 3.2 percent in the fourth…
The Australian dollar managed to rise today even as fundamentals were not supportive, both domestically and overseas. It looks like monetary tightening of various central banks made the traders’ sentiment good…
Loonie is struggling to regain some of the ground it lost in earlier trading against the greenback. However, there isn’t a lot to support the Canadian dollar right now, and so it is expected…