The Great Britain pound rallied last week, not least due to Bank of Englandâs policy statement that was less dovish than market participants had anticipated. But will the currency…
An index that tracks the strength of the US dollar traded on Friday near its lowest level since February 6, even as the greenback recovered some of its losses against the euro and the Canadian dollar…
The USD/JPY currency pair today declined significantly after the release of the University of Michigan preliminary consumer confidence index, which indicated that the headline index had beat expectations. Despite the strong data…
The Great Britain pound was mixed during Friday’s trading session, but mostly held onto yesterday’s gains caused by the unexpectedly hawkish policy statement released by the Bank of England. Yesterday’s policy…
The New Zealand dollar climbed today thanks to the positive manufacturing report released overnight and the supportive general market sentiment. The BusinessNZ Performance of Manufacturing Index rose from 52.2 to 55.2 in February. The increase…
The US dollar maintained its losses for the second day on Thursday, after a surprising drop against most of its major peers yesterday following an interest rate hike from the Federal Reserve. A number…
The British Pound today spiked against its main competitors after the Bank of England monetary policy statement even as the bank hinted at a less dovish outlook. The British pound rallied after the BoE’s Monetary…
The British pound rose against the US dollar and the euro on Wednesday, to partly recover from the losses it suffered after Parliament approved Theresa Mayâs Brexit bill. The pound got support from…
The USD/CAD currency pair today traded with a bearish trend despite the release of positive Consumer Price Index data and advance retail sales data from the US docket. The Canadian dollar’s rally…
The British pound weakened against major rivals on Tuesday to touch its lowest level since January, after UK lawmakers passed a bill from the British government that paves the way for Brexit.…