The Australian dollar gained against its most-traded peers today even though Australia’s economic data was not particularly helpful to the currency. The Westpac-Melbourne Institute Consumer Sentiment dropped 1% in June.…
The New Zealand dollar rose today, getting help from positive domestic macroeconomic data. The New Zealand current account logged a surplus of NZ$1.31 billion (not seasonally adjusted) in the March quarter…
The US dollar gained on the euro during Tuesday’s trading as Brexit fears were driving the shared currency of the eurozone down. The greenback also gained on the Great Britain pound and commodity currencies, but fared…
Talks about the potential exit of the United Kingdom from the European Union continue to rattle markets. As a result, the Great Britain pound extended its move to the downside during Tuesday’s trading. According to the latest…
The Australian dollar fell against its US counterpart today amid the risk-negative market sentiment and underwhelming economic data from Australia. The currency also dropped versus the Japanese yen, touching the lowest…
The South African rand dropped today after data showed an increase of the nation’s current account deficit. The South African Reserve Bank reported that the current account logged a deficit of 5% of GDP…
The Canadian dollar fell on Monday, following the drop of crude oil prices, though the currency is trying to recover during early Tuesday’s trading. Crude declined on Monday and continued to move down on Tuesday.…
The Great Britain pound continued to feel the weight of Brexit fears. While the currency was attempting to hold its ground on Monday, it looks like the sterling has buckled under the pressure, falling…
The Polish zloty fell today after a member of central bank’s Monetary Policy Council signaled that the National Bank of Poland would accept depreciation of the currency if it happens Jerzy Kropiwnicki…
The Mexican peso dropped against the US dollar today as the market sentiment was detrimental to risky assets of emerging markets. Concerns about the Brexit, the potential interest rate hike from the Federal Reserve,…