The New Zealand dollar sank versus its US counterpart yesterday and continued to fall today after the Federal Reserve reduced its stimulus program and signaled about possible interest rate hike…
The US dollar surged yesterday and retained its gains today after the Federal Reserve trimmed the quantitative easing program at the planned pace and signaled that an interest rate hike may happen as soon…
Investigators representing UK’s Financial Conduct Authority (FCA) might have gotten their hands onto crucial evidence that exposes Bank of England’s (BoE) role in imploding FX…
The Great Britain pound gained today after positive employment report reinforced the favorable outlook for Britain’s economy. The currency retained strength even as the central bank voiced concerns about the sterling’s appreciation.…
Yen continues to show weakness today, heading lower against some of its major counterparts, particularly the US dollar and the UK pound. There is shorting of the yen as Forex traders consider the possibility…
The euro continues to struggle a bit today as concerns about what’s next for eurozone monetary policy grow. There is speculation that the ECB will have to ease policy further in order to stimulate…
The Russian ruble rose today, gaining for the third session, on speculations that the impact of sanctions that the United States and the European Union are going to impose on Russia will be limited and they will…
The Great Britain pound fell yesterday and retained losses today as Bank of England Governor Mark Carney reiterated in his speech the commitment to keep interest rates low for a prolonged period of time. Carney…
The Canadian dollar sank yesterday after Bank of Canada Governor Stephen Poloz signaled that he is prepared to cut interest rates in case the economy worsens. The currency is attempting to recover…
US dollar is finding support against some of its counterparts today as Forex traders enter “wait and see” mode with regard to what’s next for the global economy and US monetary policy.…