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…
Posts published in June 2015
UK Pound Trades Mixed Against Other Major Currencies
UK pound is trading mixed today as the focus shifts away from the sterling and attention is given to other currencies and their situations. UK pound had its time when the latest…
Economic Data Helps US Dollar Recover from Dovish Fed
Positive economic data out of the United States helping the US dollar move higher today, recovering from the dovish stance adopted by the Federal Reserve at the end of its two-day meeting earlier this…
Japanese Yen Heads Higher Against Other Majors
Japanese yen is heading higher against its major counterparts today, gaining ground as policymakers continue their two-day meeting. Yen is higher today, strengthening after losing ground…
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…
Swiss Franc Resilient Despite Negative Interest Rates
The Swiss franc gained on the US dollar and held steady versus the euro during the current trading session even though the Swiss National Bank decided to keep negative interest rates at today’s policy…
NZ Dollar Dips as Economic Growth Disappoints
The New Zealand dollar dipped against its major counterparts today as the nation’s economic growth disappointed market participants, being far slower than they had counted on. New Zealand…
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…
US Dollar Pulls Back as Traders Await Fed Announcement
US dollar is pulling back today, heading a little bit lower as Forex traders wait for the Federal Reserve’s announcement about what’s next for the greenback. Policymakers at the Federal Reserve are entering…
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…