Posts published in May 2014

Greenback Surges Against Major Counterparts

US dollar is gaining ground against its major counterparts as the fallout from Mario Draghi’s comments continue to encourage traders to change direction. Dollar index is higher, as the greenback makes…

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Euro Takes a Hit on Stimulus Talk

Euro is heading lower, thanks to the latest talk of stimulus in the eurozone. For weeks Mario Draghi has been preparing traders for the possibility of further easing, but recent comments indicate that looser…

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Brazilian Real Gains on Inflation Outlook

Brazil is yet another country with accelerating inflation that may affect the central bank’s policy decision. This led to gains of the Brazilian real, which rose today, reaching the highest…

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