Posts published in November 2015

Euro is down again today, thanks in large part to more comments from ECB President Mario Draghi. He continues to talk about quantitative easing, and that is providing impetus…

It’s been a choppy couple of days for the UK pound. Thanks to data releases and speculation, things are a little unsettled. Sterling is mostly lower today, thanks to the latest retail sales information.…

Today, the Canadian dollar fared better than yesterday, rising against the euro and paring initial losses versus the US dollar and the Japanese yen. Economic data released from Canada over Friday…

The Canadian dollar was attempting to rise against its US peer today but has almost erased its gains by now. The currency fell against its other major rivals, including…

The US dollar is mostly lower against other currencies today, bringing the dollar index down. However, even with the recent disappointing performance, many expect dollar strength to return. With…

Euro is mostly higher today, gaining against its major counterparts as they consolidate recent gains and as Forex traders speculate about the future. Even though the euro has a lot going…

The Great Britain pound gained on the US dollar even though the retail sales report released from the United Kingdom today was disappointing. Against other major currencies, the sterling declined. UK…

The Japanese yen leaped against the US dollar and gained versus other most-traded currencies today (though it was unable to beat the euro) as the Bank of Japan refrained from expanding monetary stimulus.…

The US dollar was mixed today after the release of the Federal Reserve minutes. The currency sank after the event even though the notes were rather hawkish. Yet the greenback bounced back almost…

The Canadian dollar fell today against its major peers as the drop of crude oil prices continues to weigh on the currency. Additionally, traders were unwilling to buy risky currencies tied to economic growth…