The Turkish lira fell today as the nation’s current account deficit widened, while the corruption scandal continues to deter investors from bringing capital into the country. The shortfall of the Turkish current account widened…
The Brazilian real weakened today on concerns that the US Federal Reserve will continue reducing the size of its asset purchases. Earlier, the currency advanced as the Brazilian central bank started a two-day policy…
Euro is a little lower today, even after the latest factory output data that indicated that industrial production is on the rise. Even with the better than expected news, the euro…
The Canadian dollar got a little bump on Monday, following the release of the Bank of Canada’s business outlook survey. However, the small gains were short-lived as economic realities and monetary policy divergence send the loonie…
US dollar is mixed today, thanks in large part to confused signals about what’s next for the currency. The latest jobs data was soft, and that has some rethinking the idea that…
UK pound is heading lower today, thanks in large part to disappointing economic data. Analysts and others have had high hopes for the United Kingdom, and the disappointing economic news has many…
The euro was one the best-performing currencies by the end of 2013, but was experiencing weakness at the start of this year. Can the shared 17-nation currency keep its gains and continue the rally or will it…
There is some speculation that the Japanese yen might have reached a bottom. The yen is currently trading higher against its major counterparts today. Some of it could be…
Earlier, the US dollar index had been higher, in anticipation of December’s jobs data. However, when the nonfarm payrolls report was released, it was rather disappointing and the greenback immediately began…
The Canadian dollar hit a three-year low against the US dollar today, thanks in large part to signs of economic recovery in the United States and the continued divergence of monetary policies between the United States and Canada.…