The Mexican peso climbed today after the Federal Bureau of Investigation said that it found no evidence of crime in Hillary Clinton’s emails, boosting her chances for victory in the US presidential elections.…
Posts published in November 2016
Dollar Rises as FBI Finds No Evidence Against Clinton
The US dollar gained on Monday after the currency declined for most of the previous week. The dollarâs rise comes after FBI Director James Comey told Congress that no evidence of criminal activity…
US Dollar Jitters as US Elections Come Closer
The US dollar ended the week rather soft as the upcoming US presidential elections overshadowed all other events. And as the outcome of the vote became more uncertain, traders were reluctant to hold the US currency.…
New Zealand Dollar Seeks Direction amid Clashing Fundamentals
The New Zealand dollar fell today but managed to rebound against some of its peers (including the Japanese yen) as positive macroeconomic data (both domestic and from abroad) clashed with the pessimistic…
Canadian Dollar Little Changed due to Economic Data & Oil Prices
The Canadian dollar was little changed-to-lower against most of its major rivals despite economic data from Canada released over the trading session that was good. The problem for the currency was…
Great Britainâs pound rose on Friday to its best level in four weeks after the high court in the UK ruled that the government cannot move ahead with Britainâs exit from the European…
Dollar Stops Its Losses After a Labor Market Report
The US dollar is fluctuating around a consistent level against the euro today as the US currency halted its weekly slide following the release of labor market data. The US Bureau of Labor Statistics…
Bad News Makes Turkish Lira Unappealing for Investors
The Turkish lira sank today after the series of bad news made the currency look very unappealing to investors. Turkey arrested the leaders of the pro-Kurdish opposition People’s Democracy party. This news is…
Australian Dollar Little Changed After Retail Sales & RBA
The Australian dollar was little changed after the release of the better-than-expected retail sales figure and the monetary policy statement from the Reserve Bank of Australia. Retail sales rose 0.6% in September from August.…
Pound Surges After UK High Court Ruling
Great Britainâs pound advanced against the euro to touch its highest level in several weeks after a court in the UK ruled that the government needs parliamentary approval before starting the process of leaving…