Posts published in November 2014

Aussie Bounces After RBA Meeting

The Australian dollar was falling today due to mixed macroeconomic data but rebounded after the central bank’s policy meeting, even though monetary policy remained unchanged and the statement from the bank…

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Russian Ruble Plunged on Elections in Ukraine

The Russian ruble plunged today as elections in the eastern parts of Ukraine held by pro-Russian separatists threaten the fragile peace in the region and may lead to a new round of sanctions against Russia. Militants held elections…

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AUD Drops vs. USD, Gains on JPY

The Australian dollar dropped against its US counterpart due to negative economic data from Australia. At the same time, the currency managed to reverse its losses versus the Japanese yen and reached the highest…

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Manufacturing Data Boosts UK Pound

UK pound is heading higher today, gaining ground thanks to the latest manufacturing data. Manufacturing data surprised to the upside, and the sterling is getting a boost because of the news. Many analysts expected…

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Eurozone Manufacturing PMI Disappoints, Sending Euro Lower

The latest reading for eurozone manufacturing PMI was a bit disappointing, underscoring the difficulties the eurozone continues to face in its economic recovery. On top of that, the news that the United Kingdom might leave the European…

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