Posts published in October 2014

Yen Gains Ignoring Unfavorable Data

The Japanese yen gained today even though economic data that came out from Japan during the current trading session was not particularly good. The possible reason for the rally is risk…

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Swiss Franc Appreciates Ahead of Referendum

The Swiss franc erased its earlier losses against the US dollar and gained against the euro today. The Swissie was experiencing upward pressure recently on speculations that possible changes to central bank’s…

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Brazilian Real Jumps After Central Bank Surprises

The Brazilian real jumped today following yesterday’s surprise interest rate hike from Brazil’s central bank. Such decision resulted in speculations that additional rate increases may happen in the future.…

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