Posts published in February 2015

The Great Britain pound was stronger today after the Bank of England performed no action during its monetary policy meeting. While the sterling did not manage to rise against all…

Things have been a bit volatile for the euro today. An ECB decision to stop accepting Greek bonds as collateral is rocking the region. However, even so, the euro has recovered and moved higher,…

The Canadian dollar dropped against its major counterparts today, erasing yesterday’s gains. The currency dropped as prices for crude oil declined while concerns about global growth resulted in the market sentiment…

The Great Britain pound ticked up today after yet another positive PMI report from the United Kingdom. The gains were relatively small compared to the yesterday’s rally as traders are cautious…

The Chinese yuan gained today even though the index of the services sector dropped significantly last month. The most likely reason for the rally was stimulating measures from China’s central bank. The HSBC…

Even though there is some weakness to the dollar today, the dollar index is pushing higher. This is due, in large part, to the greenback’s gains against the euro (which is heavily…

The New Zealand dollar gained today after the release of employment data and comments of the central bank’s chief. The currency moved in a wide range, suggesting that trading was rather violent. New Zealand…

Japanese yen is holding on to some of its earlier gains, remaining higher against some of its major counterparts. However, there is still talk from Japanese policymakers that have…

The euro was trading broadly higher against other most-trading currencies today as concerns about the situation in Greece eased after the Greek government talked about a way it is going to handle…

The Canadian dollar gained against safe currencies, namely the US dollar and the Japanese yen, today. The currency also trimmed its losses versus the euro though remained below the opening level against…