Posts published in February 2014

UK economic data has once again missed forecasts, and that is causing a drop for the pound against nearly all of its major counterparts. Pound is struggling today as traders become…

Euro is gaining some ground today, even after the difficulties seen with emerging markets and with risk appetite falling. Risk sentiment is fading, but the euro is managing…

The Thai baht gained today as yesterday’s elections in Thailand ended without any significant violence. The currency is still in danger as political turmoil persisted, endangering the country’s economy and spoiling the investing climate.…

The South Korean won dropped today as poor macroeconomic data from China and quantitative easing tapering from the Federal Reserve resulted in risk aversion that hurt currencies of emerging markets. The week…

The most important event for the US dollar this week was the monetary policy meeting of the Federal Reserve. At first, it looked like the event is not going to help the greenback much, but…

The Japanese yen continued to rise against other most-traded currencies as the market sentiment favored safe assets, making the Japanese currency more attractive for investors. The risk sentiment, which was previously in favor…