The Swiss franc ticked up today after investors had found renewed interest in currencies considered to be safe. So happens, the Swissie is one of such currencies. The flight to safety was…
Posts published in June 2015
Pound Higher as UK Exits Deflation
The Great Britain pound was generally higher today after the data showed that the United Kingdom exited deflation last month. Other economic reports were not as good, but that…
Australian Dollar Attempts to Bounce
The Australian dollar dropped a little after the nation’s central bank released the minutes of its latest policy meeting. The fall was small and the currency is attempting to bounce right now. The Reserve Bank…
Euro Struggles as Greece Impasse Continues
Financial markets are finally showing concern over the negotiations between Greece and its creditors and the euro is struggling today. Concerns that an agreement really won’t be reached, and that Greece…
US Dollar Gains as Traders Await Federal Reserve Meeting
US dollar is heading higher today as traders look forward to the coming two-day meeting of Fed policymakers. Greenback is also getting some support from worries about what’s next…
The Russian central bank made yet another interest rate cut today but warned that the pace of monetary policy easing may slow in the future. The Russian ruble fell after the central…
Great Britain Pound Dips as Greek Talks Fails
The Great Britain pound dipped against the US dollar and erased its earlier gains versus the Japanese yen today as traders have flocked to safer currencies after the weekend talks between Greece…
Euro Higher But Struggling on Greek Drama
Euro is mostly higher today, but it is also struggling a little bit. The difficulties with Greece are once again influencing the 19-nation currency, and gains have been hard-won…
US Dollar Demonstrates Softness Ahead of Important Week
The US dollar showed rather weak performance during the past trading week even as economic fundamentals should have been supportive for the currency. Now traders wait for the next week that may…
Detrimental Fundamentals Don’t Deter Pound from Rising
Lately, macroeconomic fundamentals were detrimental to the Great Britain pound, but that did not prevent the currency from ending Friday with gains. In fact, the sterling reached the highest level since…