The Australian dollar was down today but managed to trim its losses by now and to erase them almost completely against the US dollar. The Australian dollar was hurt by the same factors as other…
The Turkish lira fell to the record low, being under pressure from fundamentals both domestic and from abroad. The lira was hurt by Wednesday’s data that showed an increase of the current account deficit…
The Japanese yen weakened today against the majority of its most-trade peers (with the exception of the euro) after Bank of Japan Governor Haruhiko Kuroda reiterated yet again that the central bank is…
The Australian dollar rallied today following the release of the positive consumer sentiment report that made interesting comments about probability of an interest rate cut from the Reserve Bank of Australia. The Westpac Melbourne…
The South African rand plummeted today after Finance Minister Pravin Gordhan was officially summoned to court. The Finance Minister was accused in unconstitutional creation of a special investigation unit during his…
The Friday’s flash crash of the Great Britain pound did not result in panic sell-off as some might have expected, but the currency remained on the path of steady decline. The sterling crashed to a new 31-year…
The Mexican peso rallied today after the second US presidential debates ended and it looked like chances for victory in the race remained in favor of Hillary Clinton. The voters’ sentiment swung further in the favor…
The Japanese yen slipped during the current trading session Haruhiko Kuroda, Bank of Japan Governor, pushed back date for reaching the target inflation level. The has currency managed to recover after the initial…
The US dollar ended the week with gains against other most-traded currencies even as economic data released from the United States over the week was disappointing. The greenback even gained against…
The Great Britain pound demonstrated a flash crash to a new 31-year low today only to recover very quickly. There were different theories about possible reasons for such behavior. The sterling sank…