Posts published in May 2016

Greenback Trades Lower as Dollar Index Falls

There’s a decent amount of downward pressure on the greenback right now, and the dollar index is falling. Greenback is trading lower against its major counterparts and is mostly lower against other…

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Australian Dollar Bounces After Falling Intraday

The Australian dollar was down intraday but has bounced as of now even though Australia’s macroeconomic data was rather detrimental to the currency. Australia’s private capital expenditure dropped 5.2% in the March…

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Aussie Follows Kiwi in Gains

The Australian dollar followed its New Zealand counterpart in a rally during the current trading session even though fundamentals were not as supportive for the Aussie. The Australian Bureau of Statistics reported:    …

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Economic Sentiment Doesn’t Look Good for Euro

The euro fell against most currencies today, including the US dollar and the Swiss franc, though not the Japanese yen. The indicators released during the current trading session showed that the economic sentiment…

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