Posts published in March 2015

Yet One More Week of Massive Gains for US Dollar

The US dollar continued to demonstrate an amazing performance this week, mainly due to the outlook for an early interest rate hike from the Federal Reserve. The currency posted especially big gains versus the euro…

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Bank of Russia Cuts Key Rate, Sending Ruble Down

The Russian ruble dropped today after the central bank made a decision to reduce its key rate as inflation pressure abated. The ruble was strengthening lately following the earlier plunge due to sanctions…

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Euro Collapses to New Lows as Traders Flee to Safety

The euro tumbled across the board today as the risk-negative market sentiment added to the downside pressure that the currency was already experiencing. The euro dropped to the lowest level in 11 years against the US dollar…

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