Posts published in September 2015

Fed Week Ends Poorly for Dollar

This trading week was not particularly positive for the US dollar as it fell against other majors as well as commodity currencies. The only major currency that has lost to the dollar was…

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Canadian Dollar Fails to Rally

The Canadian dollar attempted to rally today but failed to do so against the US dollar and the Japanese yen, though it kept most of its gains versus the euro. There were two…

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Stevens’ Comments Help Aussie to Bounce

The Australian dollar rose after hawkish remarks from the central bank’s head. It was the ninth gain in 10 business days against the Japanese yen and the sixth one in seven days versus…

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Hungarian Forint Gains vs. Euro, Falls vs. Dollar

The Hungarian forint rallied against the euro on speculations that Standard & Poor’s is going to upgrade the outlook for the nation’s credit rating (though it has basically lost its gains as of now).…

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