Lately, the US was experiencing problems with keeping its upward momentum, but the greenback regained its strength during this week during which it was one of strongest currencies…
Posts published in April 2015
Economic Reports from Canada Help Loonie
The Canadian dollar managed to erase losses against its US counterpart by the end of the Friday’s trading session with the help of positive domestic data. The currency even gained against the euro, reaching the highest…
GBP/USD Hits Lowest Since June 2010
The Great Britain pound fell today, touching the lowest level since June 2010 against the US dollar, as underwhelming economic data from the United Kingdom added to the downside pressure on the currency. The Friday’s…
Data from Australia & China Unfavorable to Aussie
The Australian dollar went down today as economic data from both Australia and its biggest trading partner, China, was unfavorable to the currency. While the Aussie managed to gain on the euro, it declined…
Yuan Falls as Producer Prices Remain in Deflation
The Chinese yuan slipped against the US dollar today even though China’s consumer price inflation remained steady at an elevated level. The problem for the currency is the fact that producer prices remained…
Japanese Yen Retains Gains as BOJ Keeps Asset Program Steady
Japanese yen is retaining many of the gains it made earlier this week following a Bank of Japan announcement that indicates the asset buying program is likely to remain steady, rather…
LME Taps Andrew Dodsworth as Market Operations Head
The London Metal Exchange (LME) has appointed Andrew Dodsworth as its newest Head of Market Operations, helping lead an augmented market operations function, according to…
Dollar Index Continues Climb Toward 100
The US Dollar index is climbing again, heading toward the 100 level again. With the Federal Reserve expected to hike interest rates later this year, and with the greenback remaining the dominant…
Following the observance of the Easter holidays in many countries, a number of leading financial institutions shook up their executive personnel – meanwhile, Tickmill’s CEO…
Invast Securities Co., Ltd. has released its revenues and margin volumes for the month ending March 2015, highlighted by mounting MoM operating revenues, according to…