Posts published in March 2015

Dollar Ends Its Long Stretch of Weekly Gains

The US dollar ended the week as the biggest loser on the Forex market. This followed the long stretch of weekly gains. For example, the greenback was rising for four straight weeks against the euro and the Japanese yen.…

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Dollar Broadly Lower During Friday’s Trading

The US dollar was broadly lower during the Friday’s trading session as the positive market sentiment was encouraging traders to take risk and buy assets that are offering higher yield, making…

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CAD-Crosses Demonstrate Mixed Performance

Today’s economic data from Canada was mixed, resulting in varying performance of different CAD-crosses. The currency gained on the US dollar and the Japanese yen but dropped against the euro. Canada’s retail sales…

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Positive Market Sentiment Results in Yen Sell-Off

The Japanese yen dropped today against its rivals as the market sentiment was improving. While the dollar traded sideways, other currencies rallied at the expense of the yen. There were reports that Greece…

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Pound Steady, Set to Close Week Second Weakest

The Great Britain pound was relatively steady against the dollar today, rising versus the Japanese yen at the same time. Still, the sterling is set to close the week as the second weakest currency following…

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