Euro is struggling a bit today following the release of January’s trade data. The disappointing data is leading to a slightly lower euro, even with the German Constitutional Court upholding the country’s participation…
The Thai baht climbed today as political tensions in Thailand were easing, making the country attractive for overseas investors yet again. The general risk-positive sentiment on the Forex market also played in favor of the currency.…
The Australian dollar declined today after the Reserve Bank of Australia released minutes of its latest monetary policy meeting. The central bank plans to keep interest rates stable for some time, yet…
The Great Britain pound was without clear direction yesterday and is still unsure where to go today even though domestic fundamentals were very supportive to the currency. The sterling rose against…
The US dollar fell against the euro today even though macroeconomic reports from the United States were relatively good. The greenback was able to rise against the Japanese yen as the market sentiment…
The US dollar did not fare well last week as Forex traders demonstrated appetite for risky currencies despite worrisome news from China and Ukraine. Can the greenback turn the bearish trend…
The Chinese yuan slipped today after the nation’s central bank allowed greater exchange rate flexibility, widening the trading band for the currency. The drop may help to bolster the weakening Chinese economy, increasing…
The Australian dollar jumped today as Westpac Banking Corp. said that it no longer expects an interest rate cut from the Reserve Bank of Australia. Such comments boosted the currency even…
Sentiment has improved a bit today, following last week’s risk aversion. The result is that the Canadian dollar is getting a bit of a boost against its major counterparts. Part of the reason…
Japanese yen is lower right now, dropping against its major counterparts as news from the weekend is processed. Even though risk aversion is the general rule for now, the yen…