Euro is trading mixed today, heading lower against the dollar by gaining against the yen and pound. For the most part, European policymakers are waiting for the Fed to make a move. As long as the Federal Reserve…
US dollar is higher today, ahead of the federal reserve announcement later. Economic data in the United States continues to be solid. That is giving some analysts reason to believe the Federal…
The Australian dollar hold steady against the US dollar and ticked up against other majors, like the Japanese yen. The falling leading indicators did not hurt the currency much. The Aussie behaved…
The New Zealand dollar was flat against its US counterpart while rising against some other major currencies (including the Japanese yen) today. Economic data released from New…
The Australian dollar fell today after the Reserve Bank of Australia released minutes of its latest monetary policy meeting. The notes suggested possibility of an interest rate cut. The RBA released minutes of its…
The Japanese yen rallied today as the Bank of Japan decided to keep its monetary policy unchanged, a decision that had been widely anticipated. The BoJ made no surprise keeping its monetary…
UK pound is losing ground today as global stocks drop. Concerns about the UK economy also continue to weigh on the sterling. Global stock markets continue to fall today, and that is…
The New Zealand dollar followed its Australian peer in decline today as the market sentiment was not particularly good for currencies associated with higher risk. Risk aversion caused by mixed economic…
The Australian dollar traded lower against the US dollar and the Japanese yen today after risk aversion hit the market following the release of mixed macroeconomic data from China over the weekend. China’s…
US dollar is mostly higher today, thanks to a certain level of risk aversion. Stocks are struggling and there are concerns about the economies in China and the eurozone. Economic data for the United States…