Posts published in December 2015

Swiss Franc Weaker amid Deflation

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…

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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…

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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…

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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…

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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…

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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.…

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