Posts published in August 2016

Euro Gets Some Breathing Room

Euro is getting some breathing room today, thanks in part to better news out of Germany. The latest trade surplus numbers are helpful, but long-term there are still issues…

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New Zealand Dollar Firm Ahead of Policy Meeting

The Reserve Bank of New Zealand prepares for a monetary policy meeting where it is likely to cut interest rates. Yet the New Zealand dollar looks unfazed by the prospects for monetary easing, staging…

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Australian Dollar Continues Climb Higher

The Australian dollar extended its rally today, rising against the euro for the seventh consecutive trading session. It is hard to explain the resilience of the currency considering that fundamentals were not particularly…

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