Posts published in March 2015

UK pound is trading mostly lower today, but it is moving higher against the euro. Sterling is down against many of its major counterparts, but is gaining…

The Chinese yuan traded almost flat during the European session after economic data from China came out mixed with rising consumer inflation but falling producer prices. China’s…

The Japanese yen dropped today as it followed the US dollar in reversing Friday’s gains. Economic data from Japan was another reason for the currency to fall as indicators disappointed economists. Japan’s gross…

The euro bounced against the US dollar after reaching a new multi-year low earlier during the Monday’s trading session. The currency also gained on the Japanese yen but was unable to beat the Great…

The New Zealand dollar bounced after the initial drop earlier today but was unable to log gains as domestic macroeconomic data that came out over the weekend was detrimental to the currency’s…

The Australian dollar gained today even though economic data from China, the biggest trading partner of Australia, was not particularly supportive for the currency. China reported that its trade surplus…

The US dollar ended the last week on a positive note. Can the US currency maintain its bullish momentum or a pause in the rally should be expected? There are arguments for both possibilities. On one…

The US dollar had an amazing trading week, reaching the highest level in more than a decade against the euro, thanks to positive economic data from the United States and quantitative easing in Europe. The monetary…

The Canadian dollar dropped against its US counterpart after the release of non-farm payrolls. The loonie fared better against other currencies, rising against the euro and trading sideways versus the Japanese yen,…

One of the most important events this week was today’s release of US non-farm payrolls. While analysts expected robust employment growth, the actual report turned out to be even better…