Posts published in April 2015

NZ Dollar Follows Aussie in Rally

Like its Australian counterpart, the New Zealand dollar rallied during the current trading session. There were no domestic fundamentals to support the New Zealand currency, but the general market sentiment…

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Oil Helps Canadian Dollar in Forex Trading

Canadian dollar is a little bit higher today, thanks in part to oil prices. Crude oil is on the rise again, and yesterday’s announcement of the merger between Shell and BG Group is having…

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Australian Dollar Gets Boost from Fundamentals

The Australian dollar rallied today, getting a boost from favorable domestic macroeconomic data as well as from speculations that the Federal Reserve will postpone monetary tightening. The seasonally adjusted Australian Industry…

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