The Japanese yen was soft today as the Bank of Japan continued to send signals about possibility of additional monetary easing. BoJ Governor Haruhiko Kuroda was talking about monetary policy in an interview…
Economist and analysts expect the eurozone economy to slow its rate of growth through the end of 2016, and that is weighing on the euro today. The 19-nation currency is struggling against some of its counterparts.…
US dollar is giving back some of its recent gains today, heading lower as Forex traders step up their profit taking, and as speculation that the Federal Reserve will stay…
The Great Britain pound was soft today as Britain’s manufacturing and industrial production failed to meet analysts’ expectations. While production rose in March after falling in February, its growth trailed forecasts.…
The Australian dollar gained on its US counterpart but fell against the Japanese yen after the release of mixed economic data from Australia. The Westpac Melbourne Institute Index of Consumer Sentiment jumped…
The Swiss franc fell against the US dollar and the euro today. One of the possible reason for the drop was the increase of the unemployment rate. The Swiss unemployment rate rose from 3.4% to 3.5% in April according…
The Australian rose today with the help of relatively decent economic reports from China. China’s consumer annual inflation remained at 2.3% in April, unchanged from the previous month and in line with expectations.…
UK pound is seeing an advantage today, heading higher against its major counterparts. For the most part, however, gains by the sterling are more about other currencies’ weaknesses than the pound’s…
Japanese yen is mostly lower today, thanks in large part to the fact that an intervention from the government could be a possibility. Yen is lower against its major counterparts today.…
More discussions about what to do about Greek debt are getting underway, and that is impacting the euro today. The 19-nation currency is trading mixed today, heading lower against…