The USD/CAD today declined significantly after the release of Canadian GDP data by Statistics Canada, which exceeded market expectations. The decline was short-lived as the US dollar rallied higher after the release of the University…
The US dollar was little changed against the euro on Friday, as dovish comments from an official in the Federal Reserve prevented the greenback from moving higher. Economic data in the United States today lacked…
The US dollar rose against the euro and the Japanese yen, among other major peers on Thursday, after a report that said that gross domestic product in the United States grew more than…
The EUR/USD currency pair today declined after the release of disappointing German CPI data by the Federal Statistical Office amid dovish comments from the European Central Bank. The currency pair’s decline was also…
The South African rand erased yesterday’s losses today, jumping more than 1% against the US dollar. The currency dropped yesterday amid speculations that President Jacob Zuma is going…
The Great Britain pound halted yesterday’s drop today and was even able to gain on the euro (and recently rose versus other currencies). The decline followed the formal initiation of the Brexit process. Yesterday, Britainâs…
The euro became weaker against the US dollar and the British pound on Wednesday, following a report that raised expectations of a more dovish stance from the European Central Bank. In a statement that followed the European…
The US dollar today rallied against its main peers following the release of positive pending home sales data, which beat expectations. The US dollar rallied higher despite the poor performance…
The South African Rand dropped today amid speculations that Finance Minister Pravin Gordhan will leave his office. There are speculations that President Jacob Zuma is going…
Markets wait for formal initiation of the Brexit process on Wednesday. The Great Britain pound fell during the current trading session due to uncertainty associated with the Brexit, but has trimmed its losses…