Macroeconomic data from Great Britain was positive today, but this did not help the pound. The currency was flat against some of its major counterparts, including the euro and the Japanese…
US dollar is higher today, at one point reaching a new eight-month high against the euro. Thanks to the perception that the Federal Reserve is becoming hawkish, the greenback is gaining ground…
The Australian dollar was among the best performers on the Forex market this week despite the risk-negative sentiment. Both domestic and overseas news contributed to the currency’s strength. Domestically, the Aussie received boost from…
The Brazilian real fell today as the Forex market sentiment was negative for riskier currencies of emerging markets. Market participants prefer safer currencies to higher-yielding ones due to geopolitical risks. The conflict between…
The Mexican peso rose today on speculations that the nation’s central bank will not cut interest rates further as the economy is expected to growth with an increasing pace in the future. The Banco de…
The euro rallied yesterday as the vast majority of macroeconomic reports from the eurozone were positive, and the currency was able to keep gains today. While good US fundamental data did not allow…
The Great Britain pound retained its weakness against the US dollar today, following yesterday’s losses and touching the lowest level in a month. Against the Japanese yen, the sterling continued to trade sideways. Britain’s…
The Chinese yuan advanced today after the gauge of the nation’s manufacturing sector demonstrated an increase this month which was above economists’ projections. The HSBC Flash China Manufacturing Purchasing Managersâ Index…
The New Zealand dollar sank today after the Reserve Bank of New Zealand raised its key Official Cash Rate but signaled that it is going to pause the interest rate…
US dollar index is heading higher, gaining ground as gold drops. It’s an interesting situation today, since the dollar index is gaining, even though the euro is heading higher…