The Canadian dollar fell against the US dollar and the euro today, though currently it is trying to reverse losses against the former. The loonie fared far better against the yen, gaining on the Japanese…
The US dollar continued to benefit from the outlook for monetary tightening from the Federal Reserve, rising against a basket of currencies during Monday’s trading. The greenback gained mostly on currencies of emerging markets, while…
Euro is getting a big of a boost today, thanks to an improved economic confidence reading. Stimulus appears to be working to some degree, and many expect the ECB to keep its rates unchanged at the policy…
The Australian dollar had been weak against its US peer intraday but has bounced as of now. The currency even managed to gain on the Japanese yen even though domestic fundamentals were…
The Japanese yen fell today amid falling retail sales and the investor’s improving sentiment that was triggered by the rise of stock indexes. Japan’s retail sales fell 0.8% in April. The drop was…
The US dollar was strong this trading week thanks to the continuing speculations that the Federal Reserve is going to perform an interest rate hike in the near future, perhaps as soon as the next month.…
The Australian dollar fell today as fundamentals were not helpful to riskier currencies linked to commodities and economic growth. One of the likely reasons for the drop was the fact that crude oil was unable…
The performance of Japanese yen was fairly decent today even though inflation data released from Japan was rather poor. Japan’s underlying inflation was down 0.3% in April, the same…
The euro rose today, extending its rally against the US dollar for the second day. Nevertheless, the currency was heading to a weekly loss against most of its major peers. There was just…
The Japanese yen rallied today as traders were cautious due to the prospects for monetary tightening from the Federal Reserve but not willing to buy the US dollar. Fed members continued to talk about…