Japanese yen is easing today, trading mixed against its major counterparts following yesterday’s gains. There are still questions about what’s next for Japan, and there is always…
Japanese Yen Eases After Yesterday’s Gains
May 24, 2016
Posts published in May 2016
Great Britain Pound Higher as Threat of Brexit Wanes
May 24, 2016
The Great Britain pound climbed against its most-traded peers during the Tuesday’s trading session after comments from Mark Carney, Bank of England Governor, and Brexit polls. Carney talked about…
Interest Rate Cut Talks Weigh on Australian Dollar
May 24, 2016
The Australian dollar sank today amid speculations that the Reserve Bank of Australia may perform another interest cut after it has already slashed borrowing costs earlier this month.…
Canadian Dollar Kicks Off Week with Decline
May 23, 2016
The Canadian dollar was demonstrating a poor performance during the Monday’s trading session. It is hard to be surprised by this turn of events considering the noticeable decline of prices for crude oil. Futures…
Brexit Continues to Weigh on UK Sterling
May 23, 2016
The Great Britain pound fell today, following the sharp drop on Friday, as market participants continued to speculate whether the United Kingdom is going to remain in the European Union. The potential exit of Britain from…
Dollar Index Higher on Fed Rate Hike Speculation
May 23, 2016
Speculation about the next Fed rate hike is sending the US dollar index higher, and supporting the greenback against its major counterparts. Dollar is higher against many of its counterparts…
Euro Drops as Economic Data Disappoints
May 23, 2016
Euro is heading lower today, dropping on disappointing economic data and concerns that the eurozone will see more slowing. Concerns about the various countries in the eurozone are weighing on the 19-nation currency.…
NZD Struggles to Keep Rally vs. USD, Falls vs. JPY
May 23, 2016
The New Zealand dollar was trying to extend its rally versus the US dollar but is struggling to keep rising as of now. The currency fell against the Japanese yen. Some analysts explained…
Yen Trades Higher After Mixed Data
May 23, 2016
The Japanese yen climbed against its major peers today even though macroeconomic data from Japan was mixed, failing to provide a direction for the currency. On the positive side, the nation’s trade surplus…
The US dollar ended the week strong against the majority of other most-traded currencies thanks to the minutes of the Federal Reserve policy meeting. The only currencies that have shown resilience against the greenback were…