The Great Britain pound was mostly stable today as market analysts argued whether the outlook for monetary tightening from the Bank of England is warranted considering the Brexit uncertainties. Some analysts were…
The US dollar retreated against the euro on Wednesday after a fresh report revealed a weaker job market than what analysts had expected. The release also weighed on an index that tracks the greenbackâs…
The Australian dollar jumped today after the release of positive macroeconomic data in Australia but reversed its gains shortly afterwards and is now trading near the opening level. The Westpac Melbourne Institute…
The euro was stable today as the story of Catalonia’s fight for independence continued to unfold. Catalan President Carles Puigdemont stopped short of announcing formal independence, saying he wants to leave doors open…
The US dollar fell against its most-traded peers during the Tuesday’s trading session as dollar bulls struggled to find a new catalysts for a rally. Economic data released over the rest of the week may…
The Japanese yen rose against the US dollar today but fell against other major rivals. The drop followed last week’s substantial gains. Bank of Japan Governor Haruhiko Kuroda reiterated…
The Canadian dollar today rallied against its US counterpart after the release of positive housing data by Statistics Canada. The rebound in global crude oil prices triggered the USD/CAD’s downward spiral at the start…
The EUR/USD currency pair today retreated from daily highs hit in the early European session due to uncertainties relating to the Catalan independence movement. The currency pair had rallied to weekly highs in the early…
The Great Britain pound gained today as the outlook for monetary tightening continued to support the currency despite today’s mixed macroeconomic data. Manufacturing production rose 0.4% in August, while industrial production increased…
The Australian dollar rose today as data released over the trading session revealed that the business confidence improved last month. National Australia Bank reported the business confidence index rose from…