The Great Britain pound fell against its major rivals (though not against the extremely weak euro) as optimism caused by yesterday’s better-than-expected economic data was replaced by caution ahead of the central…
The euro today crashed against the US dollar after the European Central Bank announced that it would cut its quantitative easing program by half to â¬30 billion in 2018. The ECB also…
The New Zealand dollar fell today as the nation’s trade balance deficit was almost unchanged last month even though economists had promised it to shrink. The New Zealand trade balance…
The Swedish krona fell today as the nation’s central bank showed no signs of planning to raise interest rates in the near future. That is despite strong economic growth that pushed inflation…
The Great Britain pound climbed today following the report that showed that Britain’s economy grew last quarter faster than economists had expected, solidifying the case for an interest rate hike.…
The Australian dollar sank today, losing about 1% of its value, after inflation data came out disappointing, eliminating hopes for an interest rate hike from the central bank. The headline inflation…
The Canadian dollar today weakened against its US counterpart after the Bank of Canada announced that it would maintain interest rates at the current levels. The release of the US new home sales…
The EUR/USD currency pair today rallied higher after the release of an extremely high German IFO business climate index for the month of October. The currency pair’s rally was limited by the markets’ anticipation of the decision…
The British pound was today on a downtrend against the US dollar even as Brexit worries remained the main driver behind the currency’s movement. The pound weakened against the US dollar on the back of comments made…
The euro moved marginally higher against the US dollar on Tuesday as investors digested the latest reports on manufacturing activity within the eurozone. Positive readings for a number of manufacturing purchasing managersâ indexes reflected improving…