Posts published in June 2015

Aussie Falls After Thursday’s Gains

The Australian dollar ended Friday lower, though the currency trimmed its losses by the end of trading. The currency rallied a day before due to the very positive domestic data. On Thursday, the Australian Bureau of Statistics…

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Dollar Halts Rally Despite Supportive Fundamentals

The US dollar has received support from domestic macroeconomic reports that led to a rally yesterday. Today, the currency halted its advance even though fundamentals continued to be supportive for the greenback.…

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Japanese Yen Soars After Kuroda’s Comments

The Japanese yen soared against the US dollar, climbing more than 1 percent, after the comments from central bank’s chief Haruhiko Kuroda. The yen performance against other currencies was…

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NZ Dollar Traders Near Opening Level

The New Zealand dollar had fallen initially during the Tuesday’s trading session but has bounced later and is trading close to the opening level as of now. This week should be rather…

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Even Trade Data Can’t Help UK Pound

UK pound is still struggling, even after the release of positive trade data. Concerns about a possible exit from the European Union are causing concern for the sterling. The latest trade deficit…

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Australia Bounces After Poor Start of Trading

The Australian dollar has started the Monday’s session poorly due to the news from China released during Asian trading hours. Yet as of now, the currency managed to bounce against the US dollar and the Japanese…

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