Posts published in April 2016

Yen Rallies as Demand for Safety Returns

The Japanese yen rallied today as the continuing slide of crude oil prices and concerns about the Chinese economy made traders appreciate the safety of the currency yet again. Crude oil extended its earlier…

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Australian Dollar Backs Off After Failed Rally

The Australian dollar attempted to rally with the help of Chinese economic data released today. The currency failed to maintain its rally and currently trades near the opening level against some currencies (like…

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US Dollar Keeps Strength After Mixed Data

The US dollar continued to rise against most of its rivals, though it slowed the advance and even halted it against some currencies as US inflation data was disappointing. The dollar remained…

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