The Japanese yen declined today, following the three-day rally against the euro, as the Forex market calmed after the initial surge of risk aversion and safe assets started to lose their value that they…
The Malaysian ringgit dropped today, leading other Asian currencies in decline, as geopolitical tensions made Forex market traders reluctant to buy riskier assets of emerging markets. Things are not quiet…
The Russian ruble dipped today as the United States and the European Union implemented sanctions against Russian companies that may lead to recession in the Eastern European nation. The USA decided to intensify sanctions against…
The Brazilian real crashed today after the nation’s central bank refrained from raising interest rates, the move that led to speculations that there will be no more rate hikes…
The eurozone’s inflation rate remains in what the ECB refers to as the “danger zone,” a situation that hasn’t surprised anyone. However, the ongoing problems with the eurozone economy continue to provide fuel for speculation that…
Japanese yen is heading higher today as risk aversion becomes an issue. Concerns stemming from Janet Yellen’s remarks before Congress yesterday are sending high beta currencies lower,…
The Great Britain pound was little changed today after reaching the highest level since August 2012 against the euro yesterday. The sterling was flat against the US dollar and retreated a bit…
The US dollar traded sideways as comments of Federal Reserve Chairperson Janet Yellen were received with a mixed reaction by the Forex market. The currency demonstrated strong gains against the euro for two consecutive…
The South Korean won declined today as comments of South Korea’s official made Forex market participants speculate that nation’s policy makers may perform an interest rate cut. The new Finance…
The New Zealand dollar plunged today, falling for the fourth consecutive session against its US counterpart, as inflation data came out a bit worse than was expected by market participants. The Consumer…