The US dollar ended this week with gains even though it looked like fundamentals were against the US currency. The greenback was particularly strong against the euro, and this was…
Posts published in February 2015
Euro Heads Higher For Now
Euro is heading higher for now, gaining ground against its major counterparts. After a great deal of political theater, a bailout deal has been reached with Greece, and there is…
Rising CPI Doesn’t Help Canadian Dollar
The Canadian dollar fell against its US counterpart today despite positive macroeconomic data from Canada. The currency also retreated against the Japanese yen but gained on the very weak euro.…
Dollar Posts Substantial Gains After Mixed Data
Today’s data from the United States was rather mixed but it did not prevent the US dollar from demonstrating an impressive rally. The currency rose to the highest level in a month against…
Australian Dollar Reverses Thursday’s Losses
The Australian dollar fell at the start of today’s trading session as macroeconomic data from Australia disappointed trades. Yet for whatever reason the currency managed to bounce and is trading above the opening level right…
Positive Trade Balance Lifts New Zealand Dollar
The New Zealand trade balance turned positive in January, surprising analysts who expected it to remain in the negative territory. The New Zealand dollar rallied as a result. The New Zealand trade balance had…
Pound Remains Strong, Supported by Positive Data
The Great Britain pound was very strong during the Wednesday’s trading session after the release of yet another positive macroeconomic indicator from the United Kingdom. The sterling remains firm during early…
Lower Chances for Interest Rate Cut Mean Stronger CAD
The Canadian dollar gained today with the help of rising oil prices as well as yesterday’s speech from the central bank’s chief that made traders reevaluate chances for an interest rate cut. Stephen…
US dollar Continues to Struggle After Yesterday’s Remarks From Yellen
US dollar is still down today, following yesterday’s drop on the heels of remarks made by Fed Chair Janet Yellen to Congress. Many Forex traders have been considering that the Federal…
Interpol Researcher to Present on the Risk of Malware in the Blockchain at Black Hat Asia
The potential for Bitcoin’s blockchain to play host to malware by Interpol researcher Christian Karam at this year’s Black Hat Asia conference, to be held in…