The Australian dollar demonstrated mixed performance today as economic data from Australia matched analysts’ predictions. The Aussie was flat against the US dollar, rose versus the euro and fell against the Japanese…
Posts published in January 2015
USD Down vs. JPY After Disappointing GDP, Strong vs. Other Majors
The US dollar went down against the Japanese yen today after a disappointing report about US economic growth. The currency was still able to gain on the euro and the Great Britain pound. The US…
New Lows for Canadian Dollar
The Canadian dollar sank to new multi-year lows against its US counterpart today due to negative economic data from Canada. While analysts expected poor performance from the Canadian economy,…
Bank of Russia Makes Surprise Interest Rate Cut, Ruble Sinks
The Russian ruble plunged today after the Bank of Russia made a surprise decision to cut its key interest rate. The cut was rather significant though not as big as the interest rate hike…
Yen Stable Despite Poor Economic Data from Japan
The Japanese yen was stable at the early Friday’s trading even though macroeconomic reports from Japan were far from being good for the most part. The currency demonstrated losses against other…
Reasons for Decline of Canadian Dollar to Fresh Lows
The Canadian dollar dropped to the fresh lows against its US peer during the Thursday’s session and also fell against some other majors including the euro. The currency has plenty of reasons for its…
Pound Mixed After Thursday’s Data
The Great Britain pound was mixed after today’s economic data from the United Kingdom. The currency was stable against the US dollar, fell versus the euro and rose versus the Japanese yen.…
Aussie Falls to Lowest since 2009 vs. US Dollar
The Australian dollar fell today, sinking to the lowest level since July 2009 against its US counterpart and reaching the lowest since March 17, 2014, versus the Japanese yen. The currency declined…
Euro Regains Upper Hand in Currency Trading
Euro is getting some help in forex trading today, heading higher against its major counterparts in something of a correction. However, it’s uncertain how long the current good news will…
Dovish RBNZ Statement Sends NZ Dollar Down
The New Zealand dollar crashed today after the Reserve Bank of New Zealand announced its monetary policy decision. While the central bank did not change interest rates, the statement sounded…