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…
Posts published in June 2015
The New Zealand ended the week with huge losses, mostly due the unexpected decision of the Reserve Bank of New Zealand to perform monetary easing on Thursday. The currency reached the lowest level since February…
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.…
The Australian dollar gained against its US counterpart today even though news from Australia was not supportive for the currency at all. The Aussie, as well as its other major peers, fell…
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…
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…
Australian Dollar Falls as China’s Data Disappoints
The Australian dollar fell today due to the negative macroeconomic data from China. Economic indicators from Australia itself were moderately positive but did not support the nation’s currency. China’s…
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…
The euro jumped against the basket of major currencies today, surging more than 1 percent versus the US dollar and the Great Britain pound. The currency has rallied even though there are…
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…