The US dollar climbed to the highest level since 2003 against the euro today after the European Central Bank made a move, announcing an expansion of its asset purchase program. The currency also gained…
The New Zealand dollar dipped to the lowest level since June 2012 against its US peer today despite positive domestic macroeconomic data. While the currency bounced against the greenback, it…
Brazil’s central bank increased its key Selic rate at today’s monetary policy meeting. The decision was not unexpected by market participants, but the Brazilian real still demonstrated a rather big…
The euro dipped today after the European Central Bank announced an expansion of its asset purchase program. The size of the expansion was a bit bigger than market participants have anticipated. As was expected,…
It looks like central banks decided to rock the market continuously. Last week it was the Swiss Nation Bank that shocked traders, today it was the Bank of Canada that…
The Great Britain pound sank today after the Bank of England released minutes of its latest policy meeting, revealing that voting for stable interest rates was unanimous. The BoE minutes demonstrated…
The Japanese yen climbed today after the Bank of Japan refrained from adding monetary stimulus during today’s policy meeting. The currency rose for the first time in four days against the US dollar,…
The New Zealand dollar managed to eke out some gains against its US counterpart and the euro today following yesterday’s big drop. The currency remained extremely fragile, though, and continued to fall…
The US dollar backed off a little today following yesterday’s gains. The currency remains strong as signs of slower global growth support demand for the greenback in its role of a safe haven. There were…
Euro continues to lose ground against the dollar and the pound as expectations of a bond purchase program become stronger. Many expect more quantitative easing from the European Central Bank, and that is weighing…