The Australian dollar has been able to withstand negative impact from negative economic reports released over Tuesday both from Australia and from abroad. The currency was flat versus the US…
Posts published in November 2015
Canadian Dollar Regains Some Lost Ground
Canadian dollar is regaining some of the ground it lost yesterday. Thanks to slightly higher oil prices and some profit taking, the loonie is higher against its major counterparts. News…
Greenback Consolidates Some of Its Gains
Greenback is consolidating some of its gains, looking to prepare for what many expect to be a strong bull run. While the dollar might be a little lower against some of its major…
Euro Ekes Out Gain Against Dollar
Euro is eking out gains against the US dollar today, but many are unsure of how long that will last. With policy divergence becoming a bigger expectation, there…
NZD Recovers vs. USD, Gains vs. Other Peers
The New Zealand dollar recovered against its US counterpart today following the big drop on Friday. The currency also rose against its other major rivals. The Zealand dollar has sank…
Australian Dollar Opens Sharply Lower, Moves Higher Afterwards
The Australian dollar opened sharply lower today following the release of poor trade data from China over the weekend. The Aussie moved higher after the start of trading as economic data from Australia…
US Dollar Ends Week with Huge Gains After Non-Farm Payrolls
The US dollar soared during this week, climbing more than 2 percent against its major counterparts, thanks to the impressive non-farm payrolls. The positive employment data fueled expectations of a December…
CAD Drops vs. USD, Supported vs. Other Majors by Employment
The Canadian dollar fell more than 1 percent against the US dollar after the release of US employment data. The loonie performed better against its other most-traded peers as the employment report…
Dollar Soars After NFP, Market Readies for December Hike
The US dollar surged 1.5 percent versus the euro and soared against other major currencies as well today after the release of very strong non-farm payrolls. Now, the market is pricing in a December…
Warnings Against Brexit Continue as UK Pound Trades Mostly Lower
UK pound is mostly lower today, thanks to yesterday’s rate news from the Bank of England. Also, concern that the UK might leave the European Union is affecting the sterling a little…