Posts published in June 2016

Once again the ECB has left things the same, keeping interest rates the same while at the same time staying away from adding more stimulus. Even though the euro briefly touched…

Switzerland’s economic data released over Wednesday was rather disappointing. It did not prevent the Swiss franc from gaining on the US dollar and the euro, though the latter is trying to fight…

The Australian dollar rallied against its major peers today with the help of surprisingly good GDP data. Other reports from Australia and its biggest trading partner, China, were not…

Japanese economic data came in better than expected, and that is providing a boost for the yen against its major counterparts. Yen is heading higher on the better than expected reports coming…

UK pound is crashing as renewed fears of a Brexit from the European Union surface. Positive economic data is being ignored as Forex traders evaluate what would happen if the United…