Posts published in October 2016

Euro Falls vs. Safer Rivals, Firm vs. Other Peers

The euro fell against its safer counterparts today but gained on the Great Britain pound at the same time. The shared 19-nation currency was also flat-to-higher against commodity currencies. Economic data…

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Great Britain Pound at New 31-Year Low

The Great Britain pound sank today, reaching a new 31-year low, as fears of Brexit continued to plague the currency. Coupled with the extremely loose central bank’s monetary policy, that makes the currency…

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Dollar Strong Ahead of Non-Farm Payrolls

The US dollar continued to dominate the Forex market today, rising against its major peers, as traders continued to speculate about the possibility of an interest rate hike in December. While yesterday’s employment data…

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Swiss Inflation Misses Forecast, Makes Franc Weak

The Swiss franc was soft today despite the risk-negative sentiment that should have supported the currency. Yet the worse-than-expected inflation data did not allow the currency to rally. Switzerland’s Consumer Price…

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Canadian Dollar Stays Flat After Mixed Trading

The Canadian dollar was little changed during Thursday’s Asian trading session after demonstrating mixed performance during the Wednesday’s session. Prices for crude oil rallied on Wednesday, but the currency failed…

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Dollar Trades Flat During Wednesday

The US dollar was little changed against the basket of major currencies during Wednesday’s trading as clashing economic reports did not allow the currency to establish a clear trend. The employment report from…

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New Zealand Dollar Drops with Dairy Prices

The New Zealand dollar dropped today as the drop of dairy prices added to speculations that the Reserve Bank of New Zealand is going to cut interest rates soon. The ANZ Commodity Price Index…

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