The Swiss franc was flat against some currencies and rose versus others today as a report showed that unemployment in Switzerland remained extremely low. The State Secretariat for Economic Affairs reported that…
The USD/CAD currency pair today recovered initially lost ground after the release of Canada’s housing price index data in the early American session. The pair had lost significant ground earlier in today’s…
The British pound gave up some of its early gains against the US dollar and the euro on Thursday as investors remained concerned about the political stability of the British cabinet. Economic data in the United Kingdom…
The euro today gained significantly against the US dollar after the European Central Bank released its economic bulletin. The US dollar was largely weaker against the euro on the back of increased skepticism…
The Australian dollar traded flat-to-lower today, the same as its New Zealand counterpart, even though macroeconomic reports from China, Australia’s biggest trading partner, were good. Domestic economic data…
The New Zealand dollar was flat-to-lower today following yesterday’s policy decision announced by the Reserve Bank of New Zealand. The RBNZ left key interest rate unchanged at 1.75% as was widely expected.…
The Canadian dollar surged against the US dollar on Wednesday, as investors felt more optimistic in the wake of the best Canadian housing data in two months. The loonie also rose against the British pound following…
The Australian dollar rose against most of its major peers even though data from Australia’s main trading partner, China, was a bit disappointing. China’s trade surplus increased from…
The US dollar lost ground against most of its major peers in early trading on Wednesday, as investors grew more concerned that a tax reform plan that Republicans prepared could be…
The euro today hit new 4-month lows against the US dollar after Mario Draghi‘s speech at the European Central Bank‘s Forum on Banking Supervision in Frankfurt. Higher demand for the US dollar also…