Canadian dollar has been struggling recently in Forex trading, and the latest forecast from Scotiabank isn’t helping matters. With predictions for a weak loonie through 2017, the currency is once again…
Euro is clinging to some earlier gains — but only just. With the ECB due to make a policy announcement and the European Commission making forecasts that expect to see slower growth, many…
The US dollar jumped on Wednesday and retained it gains today after Federal Reserve Chairwoman Janet Yellen confirmed the possibility of an interest rate hike in December. US economic data was also…
The Great Britain pound gained against the Japanese yen but remained flat against the US dollar during the current trading session. The currency got support from the report that showed an improvement…
The Australian dollar rallied today as economic data from both Australia and overseas was supportive for the currency. Nevertheless, the Aussie is struggling to keep gains right now. Australia’s trade balance shrank…
The New Zealand dollar slumped yesterday and retained its losses today due to poor employment data released from New Zealand by the end of the Tuesday’s trading session. New Zealand employment fell…
The Great Britain pound was little changed against the US dollar and gained on the Japanese yen even though today’s report showed that growth in the UK construction sector slowed. Yesterday, the currency…
The Australian dollar rallied today as the nation’s central bank left monetary policy unchanged. The currency gained even though the statement mentioned the possibility of an interest rate cut in the future. The Reserve Bank of Australia…
US dollar is getting a little bit of help today, thanks to some optimism about what might be next for the economy. It’s expected to be a big week for the US dollar. Recent…
According to Chinese leaders, the time has come for a freely traded Chinese yuan. An announcement made today indicates that the Chinese are ready to let the yuan trade freely by 2020. Earlier today,…