The US dollar maintained most of the recent losses it had against major counterparts on Thursday, as investors held their positions in anticipation for a vote that decides the future of the GOP Healthcare plan. The vote,…
The GBP/USD currency pair rallied higher today after the release of strong UK retail sales data for the month of February by the Office for National Statistics. The British pound rallied higher boosted by the positive retail…
The EUR/USD currency pair rallied briefly earlier today after the release of the Eurozone’s current account balance, which recorded a minimal surplus, by the European Central Bank. The euro was stronger even as the US…
The US dollar weakened on Wednesday against the euro and the British pound, and touched its lowest level against the Japanese yen in four months. Doubts grew between investors toward the promises of President Donald…
The Australian dollar dropped during the current trading session, reaching the lowest level in more than two months against the Japanese yen. Both domestic and overseas fundamentals contributed to the drop of the currency. The Westpac-Melbourne…
The Japanese yen rallied today, reaching the highest level since November against the US dollar. The currency got boost from both domestic fundamentals and the cautious general market sentiment. Japan’s seasonally…
The US dollar retreated against its main counterparts on Monday to touch its lowest level in 7 weeks, as concerns grew between traders that the economic plans of the Donald Trump administration might…
The GBP/USD today maintained the gains made after the release of UK Consumer Price Index data for February released by the Office for National Statistics, which beat expectations. The currency pair was largely unaffected by the better-than-expected…
The Canadian dollar retreated against its US counterpart on Monday, following a decline in the prices of crude oil as investors became concerned about growing global supply. The loonie moved further south after…
The US dollar today demonstrated a mild recovery against its main peers during the early North American session boosted by the stronger US Dollar Index. The US Dollar today demonstrated a recovery…