Posts published in March 2016

Japanese yen is higher today, thanks in large part to safe haven demand. However, this may not last. The Bank of Japan is expected to continue stimulus in April. Yen is…

The most important event for the past trading week was considered to be the policy meeting of the European Central Bank, and it indeed did not disappoint, both fulfilling market expectations and surprising markets…

The Great Britain pound has ended today’s trading with gains against its most-traded rivals after the release of domestic economic reports that were relatively good. The UK trade balance…

The New Zealand dollar gained today, joining other commodity currencies in a rally. Poor domestic macroeconomic reports did little to dissuade it from rising. Gains of crude resulted in a good performance…

Today, the US dollar was weaker against the Great Britain pound and commodity currencies but gained on the euro and the Japanese yen. The currency’s moves were mostly driven by the positive market sentiment. The traders’…

The Canadian dollar rallied today in spite of rather poor employment data released from Canada. The apparent reason for the currency’s strength was the gains of crude oil. Canada’s employment dropped by 2,300 in February…

Today’s trading session was very volatile for the Forex market due to the monetary policy meeting of the European Central Bank. The euro sank immediately after the gathering but bounced afterwards. Most market…