Posts published in March 2015

Dollar Index Lower After Touching 100

US dollar index is slightly lower on the day, falling back after touching 100. The US dollar index hit a high not seen since April 2003, rallying as the greenback is…

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Euro Dives to New Multi-Year Lows

The euro plunged to new multi-year lows against its major rivals as negative factors persisted, driving the shared 19-nation currency down. This is not necessary bad for the eurozone as the weaker currency…

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NZ Dollar Rebounds After RBNZ Stays Put

The New Zealand dollar was moving down for the most part of Wednesday’s trading session but bounced sharply after the central bank maintained interest rates unchanged and promised a period of stable monetary…

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US Dollar Continues to Surge

US dollar is ascendant today, thanks to almost every bit of news out there right now. Rumors of a Fed rate hike, the slide in oil, and the huge drop in US stocks yesterday…

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NZ Dollar Lower Ahead of RBNZ Policy Statement

The New Zealand dollar was falling today as uncertainty ahead of tomorrow’s central bank’s policy statement and the strength of the US dollar made traders avoid the New Zealand currency. The Reserve Bank of New…

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