Posts published in May 2014

EUR/USD Goes Higher with Help from Economic Data

The euro gained on the dollar today as the set of extremely positive macroeconomic reports for Europe reduced chances for the European Central Bank to add more stimulus at this week’s policy meeting. The currency fell a little…

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Indian Rupee Rises as Elections Come Closer

The Indian rupee advanced today amid speculations that the upcoming elections will bring positive changes that will revive the nation’s economy and make it more attractive for investors. Opinion polls…

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Loonie Mixed as Traders Look for Direction

Canadian dollar is mixed today, thanks in large part to questions about what’s next for the loonie, and for currencies in general. Right now, it doesn’t seem as though many currencies are moving…

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