Posts published in January 2014

Will Pound Show Strength Next Week?

The Great Britain pound was falling at the start of this month, but paused the decline this week and was performing not that bad. It still fell against the US dollar, but…

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AUD/USD Reaches Multi-Year Low Over Week

The Australian dollar sank this week, reaching a new multi-year low versus its US counterpart, as a very poor employment report reignited talks about a potential interest rate cut by the Australian…

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Euro Loses Ground Following Construction Data

Euro is losing ground today, falling almost across the board against its major counterparts, as the latest economic data disappoints. This time, it’s the construction data weighing on the 18-nation currency.…

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Thai Baht Dips as Political Crisis Unfolds

The Thai baht dropped today as the political crisis is unfolding in Thailand, hurting the economy of the country and driving foreign investors away from nation’s assets. Thai Prime Minister Yingluck Shinawatra has…

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Mexican Peso Suffers from Positive US Data

The Mexican peso fell today as positive macroeconomic data from the United States suggested that the Federal Reserve will be able to proceed with its reduction of stimulus program, hurting investors’…

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