Posts published in October 2016

US Dollar Gets No Boost from US Economic Data

The US dollar traded below the opening level against other most-traded currencies as mixed economic data from the United States provided no boost for the currency that is struggling to maintain its…

Read More

Sterling Soft After Northern Ireland Court Decision

The Great Britain pound rose against the US dollar but fell against most other currencies today as the threat of the Brexit continued to undermine the currency’s appeal to Forex traders. The big news of the day…

Read More

Economic Data from Australia Sends Aussie Lower

The Australian dollar fell today as economic reports released from Australia during the current trading session were not particularly good, making them detrimental to the currency. The Producer Price Index rose…

Read More