Trading during the past week was light as traders were preparing for Christmas. This did not prevent the US dollar to move lower, sometimes noticeably, against other most-traded currencies. The first…
The South Korean won gained against the US dollar and the euro during the current trading session with the help of domestic fundamentals that were relatively supportive to the currency. The Consumer Confidence decreased slightly…
The Vietnamese dong was little changed against the US dollar and fell versus the euro today after consumer inflation accelerated this month and the interbank rate of the nation’s central bank increased. Vietnam’s…
The euro dropped on Wednesday as economic data released from the countries of the eurozone was not particularly supportive for the currency, breaking its three-day rally versus the US dollar and the Japanese yen. French gross…
The Canadian dollar rallied today, rising for the second day against the US dollar and the Japanese yen, thanks to the jump of crude oil prices and encouraging domestic macroeconomic reports. Canada’s gross domestic product…
The New Zealand dollar declined today, ignoring positive domestic macroeconomic data. The currency has been consolidating lately amid slow trading due to the holiday period. New Zealand’s trade deficit…
The Great Britain pound gained today even though Britain’s economic growth slowed more than was estimated previously, meaning that the nation’s central bank has less incentive to start…
The euro rallied against its major peers on Monday and retained its gains at the start of Tuesday’s trading even though news from the European Union was not especially encouraging. According the flash…
Traders are still not certain how to react to the decision of the Federal Reserve to hike interest rates. As a result, the US dollar demonstrated rather mixed performance, showing no clear trend. Initially,…
The euro is holding on to some of its recent gains today, even with uncertainty over what’s happening in Spain. However, the euro’s gains might be short-lived, as the fate of economic reforms in Spain…