Posts published in December 2014

The Russian ruble sank today, halting it biggest weekly rally in 16 years. The drop was substantial though it did not erase the weekly gain completely. The ruble was rallying…

The Malaysian ringgit gained today, demonstrating the biggest gain in a week, following its previous losses. The most likely reason for the rally is that the market considered the previous decline excessive. Analysts think…

The Turkish lira fell today after yesterday’s decision of the nation’s central bank to keep its borrowing costs stable. Policy makers refrained from action even as inflation accelerated due the drop…

The Russian ruble gained today amid speculations that the government forced domestic exporters to sell foreign currencies. The ruble gained 15 percent over the last five trading sessions. According to a report,…

The US dollar remained below the opening level for the duration of the current trading session. Losses were small, though, and the currency remains among the best performers on the Forex market. The dollar started the session with…

Euro continues to struggle, turning in a mixed performance today. The 18-nation currency is finding it difficult to maintain gains as concerns about the economy continue to rise. While the euro is turning in a slightly…

The US dollar is backing today after yesterday’s gains. Yet the currency is still strong, trading near a new multi-year high against the euro, following some positive reports from…

The New Zealand dollar climbed today as the nation’s trade balance deficit shrank last month more than analysts have expected. It was the first daily gain in three sessions against…

US dollar is trading mixed today, and that could be a sign of what could come in 2015. Indeed, while the dollar is expected to remain relatively strong, it is likely…

The Malaysian ringgit dropped for the third straight session today on concerns that the drop of oil prices will hurt the trade balance of the oil-exporting country. Some of the major OPEC members reiterated yesterday that…