The Indonesian rupiah rallied against the US dollar strongly, rising more than 1 percent today. Yet analysts are still worried that the future looks bleak for the currency. The current trading…
The New Zealand dollar rallied today, gaining on its US peer for the second consecutive trading session and rising versus the Japanese yen as well. Economic data released from New Zealand at the start…
The Forex market was in turmoil after the Federal Reserve’s decision to hike interest rates even though such an event had been expected by market participants. While the US dollar ended the week…
The Canadian dollar ended the Friday’s trading session flat against its US counterpart. The loonie dropped against other major currencies, falling to the lowest level in three months versus the Japanese yen.…
The Japanese yen gained today, rising more than 1 percent against the US dollar, even though the nation’s central bank made changes to its asset-purchase program. The changes were not…
The New Zealand dollar was attempting to rise against its US peer on the back of positive domestic economic data. The rally was very limited, though, and the currency actually dropped versus the Japanese…
The Mexican peso was volatile today after yesterday’s interest rate hike from the nation’s central bank that has boosted the currency for a little while. The Bank of Mexico announced an interest rate…
Euro is struggling today against major currencies, but not as much as many thought it would be. Even though the Fed’s rate hike yesterday weighed on the 19-nation currency, it’s…
The Federal Reserve performed a long-anticipated interest rate hike on Wednesday. While the dollar had a confusing reaction to the announcement at first, it rallied by the end of trading session and continued to move up during the start…
The Australian dollar ticked higher today as the market was preparing itself for the upcoming monetary policy announcement from the Federal Reserve. Trading was jittery due to uncertainty regarding the Fed decision and the market…