Posts published in June 2015

Pound Underperforms Despite Supportive Data

The Great Britain pound fell against the US dollar and was little changed versus the Japanese yen today even though the recent economic reports from the United Kingdom were positive and should…

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Euro Higher Even as Grexit Talk Swirls

Euro is mostly higher today against its major counterparts, even after increased speculation that Greece will need to exit the eurozone. Euro is getting help from weakness…

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Dollar Down After Fed Releases Dovish Statement

The Federal Reserve released its monetary policy statement today and it was not positive for the dollar at all, being considered by the markets as a dovish one. The greenback extended its losses against the euro…

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Sterling Leaps After Upbeat Data

The Great Britain pound leaped today after the fairly upbeat employment data from the United Kingdom. The sterling reached the strongest level since May 15 against the US dollar and the highest since…

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