The Canadian dollar was swinging between gains and losses during Thursday’s trading as positive domestic fundamentals were combating concerns about the impact of the Brexit on the world’s economy. Canada’s gross domestic product…
The Brazilian real rallied for the third consecutive session today, though the rally caused concerns among traders about potential intervention from the nation’s central bank. The real has gained about 6%…
The Great Britain pound tanked today, ending the two-day rally, after the chief of the nation’s central bank signaled that monetary easing may be required to help Britain weather the impact of leaving…
The Turkish lira rose against the US dollar together with other currencies but the gains were limited due to the terrorist attack in Istanbul. Most riskier currencies were rising against the dollar…
The Australian dollar continued to move higher, rising for the second consecutive session today, as markets were calming down after Britain’s referendum. Global stocks and crude oil were rising during Wednesday’s…
The Brazilian real gained against the US dollar today as the nation’s central bank signaled that it is not considering monetary easing as inflation is expected to remain above the bank’s target.…
The Australian dollar gained today amid the improving market sentiment. While the threat of the Brexit is still looming, markets decided to take breath and halted sell-off of high-beta currencies. There are speculations…
While the Brexit vote had an impact on all currencies, the Great Britain pound (unsurprisingly) has borne the brunt of Britain’s decision to part with the European Union. The currency touched a new 31-year minimum…
The Canadian dollar was rather weak today due to the aftershock of Britain’s referendum that has ended in a vote to leave the European Union. The loonie joined other commodity currencies that were suffering…
The New Zealand dollar opened sharply lower today. The currency attempted to rally intraday but has failed and is trading below the opening level as of now. Economic data released from New…