Switzerland’s inflation missed economists’ forecasts, yet this did not prevent the Swiss franc from extending its rally against other majors, including the US dollar and the euro. The Swiss Consumer…
The Japanese yen climbed today after the final revision of Japan’s gross domestic product confirmed growth of the nation’s economy. First quarter’s GDP rose 0.5% in the first quarter of this year according…
The most recent decision from the Reserve Bank of Australia is helping the Aussie today. Additionally, expectations for an improved economy are helping the Down Under currency make some strides against its…
UK pound is swinging wildly today, partly due to a suspected fat-finger trade, and partly due to the speculation accompanying the possibility of a Brexit from the European Union. There is a lot of uncertainty right now,…
Euro is clinging to some of its gains from the end of last week, even after the latest news on German factory orders. Even though the 19-nation currency seems to be holding on for now,…
The US dollar sank against the majority of most-traded currencies by the end of the past trading week due to the overwhelmingly negative US employment report. The only major currency that was even weaker than…
The Australian dollar climbed against its US peer together with other currencies today but moved just a little versus such majors as the euro and the Japanese yen. The surprisingly poor employment…
The South African rand climbed more than 3% against the US dollar today as Standard & Poor’s kept the nation’s credit rating at an investment grade. The terrible employment data from the United…
Canadian dollar is trading mixed today against its major counterparts. However, some analysts and Forex traders think that the loonie will experience near-term weakness on economic data. Today,…
US non-farm payrolls released today were worse than abysmal, coming out weakest since 2010. Unsurprisingly, the US dollar crashed hard after the extremely negative data. Non-farm payrolls…