Posts published in December 2015

The Great Britain pound fell today after the employment report showed that wage inflation decreased, giving Britain’s central bank little incentive to start raising interest rates. There were…

The Great Britain pound fell against the US dollar today due to the policy divergence between the central banks of the United States and Great Britain. Tuesday’s data from the United Kingdom was positive…

The US dollar gained against its major peers today, including the euro, the Great Britain pound and the Japanese yen. The market prepares itself to the policy announcement from the Federal Reserve tomorrow. The Fed…

Canadian dollar is heading higher today, gaining ground as oil prices surge. The chance for oil prices is producing gains for the loonie against its major counterparts. For several weeks now,…

The Australian dollar ticked up a little against the US dollar and the Japanese yen today, lifted by positive domestic macroeconomic data and minutes of the latest central bank’s meeting. The minutes of the Reserve Bank of Australia…

The South African rand slowed its rally after yesterday’s big jump. Despite the welcomed change of the financial minister, investors remained unconvinced about the government’s ability to tackled economic challenges that…

The Chinese yuan remained under pressure despite positive economic data from China. As most currencies, the yuan suffered from expectations of monetary tightening from the US Federal Reserve. The People’s Bank…

The South African rand rallied today after President Jacob Zuma appointed Pravin Gordhan as a new finance minister. He is the third South African finance minister in less than a week.…

The New Zealand dollar ended the week with losses but they were not as big as might have been if the reaction to the central bank’s policy decision was less positive. Yet…

The Great Britain pound bounced against the US dollar after yesterday’s drop. The currency declined against other major rivals, including the euro, as the monetary policy decision of Britain’s central bank continued…