The Swiss franc fell against the US dollar today after the yesterday’s massive rally. The Swissie also declined versus the euro for the second day. Economic data from Switzerland was not supporting…
Posts published in December 2015
AUD Weaker vs. USD, Rises vs. EUR
The Australian dollar fell against its US counterpart ahead of US non-farm payrolls. The Aussie rose a bit versus the euro after yesterday’s big slumped that had followed the policy announcement…
Euro Surges After ECB Announcement Disappoints
Many Forex traders and analysts were expecting a dramatic easing announcement from the ECB today. Instead, the announcement avoided an exotic measures and, rather than weakening the euro, sent the 19-nation currency…
UK Pound Trades Mixed After Data, ECB Announcement
UK pound is trading mixed today as Forex traders and others consider where sterling might go from here. Recent economic data was disappointing, and the latest ECB announcement didn’t…
Canadian Dollar Trades Mixed Ahead of BoC
The Bank of Canada is expected to make a policy announcement today. However, with expectations that the central bank will stay the course, the loonie is trading mixed and somewhat rangebound today. Analysts…
Greenback Surges After ADP Jobs Report
The latest ADP jobs report is solidifying expectations that the Federal Reserve will raise rates at its meeting in two weeks. With large gains for November and an upwardly revised report for October, many…
European Data, Doubts About ECB, Help Euro
Euro is higher today, gaining ground after the latest round of economic data, and as Forex traders start to doubt whether or not the ECB really will ease enough to keep the euro down.…
Yuan Little Change After IMF Makes It Reserve Currency
The Chinese yuan was little changed against the US dollar today after the International Monetary Fund decided yesterday to include the currency in its basket of currencies that make up the Special Drawing…
Franc Weakens as Negative Data Reinforces Case for Stimulus
The Swiss franc fell against the euro and erased its previous gains versus the US dollar today as the stagnating economy and falling retail sales contributed to speculations that the Swiss central bank will…