Posts published in May 2014

Euro Gains Strength After Earlier Selloff

Yesterday, the euro was in the midst of a selloff after the news came out that the ECB is considering policy options to boost stimulus (and weaken the 18-nation currency). Today, though, things have leveled…

Read More

Won Drops, Intervention Suspected

The South Korean won dropped today, leading to speculations among Forex market participants that policy makers had intervened in the currency market to bring the exchange rate down to protect the economy from…

Read More

Rupiah Rallies as Indonesia Readies for Elections

The Indonesian rupiah rallied on speculations that the presidential candidates are going to announce their vice presidential nominee today. The general market sentiment was also positive for the currency. The candidates for presidency are…

Read More