The EUR/USD today established a bearish trend that was triggered by the release of the ZEW economic sentiment survey for Germany, which did not meet expectations. The currency pair was also affected by the stronger US…
The US dollar gained strength against the euro and other major counterparts on Tuesday, as the greenback recovered from its losses on Friday. High anticipation for an interest rate hike from the Federal Open Market…
The EUR/USD currency pair hit a bump in its rally from Friday last week as the US dollar demonstrated weakness after the release of the non-farm payroll report. The upcoming Dutch general election scheduled…
The Great Britain pound rallied during Monday’s trading session as traders were waiting for the news about the Brexit as well as the Bank of England and the Federal Reserve’s policy decisions scheduled to be announced later…
The Japanese yen was firm today even though economic reports released from Japan on Monday were not particularly supportive, especially core machinery orders. The Producer Price Index rose…
Markets did not expect anything particularly important from this week’s European Central Bank meeting, but it turned out to be perhaps the most important event during the week,…
The Canadian dollar rallied today following the release of solid employment data from Canada. The currency has trimmed its gains by now but is still trading above the opening level. The loonie’s…
The euro rallied against the US dollar, the British pound, and other major peers on Friday after the European Central Bank signaled that it no longer worries about deflationary pressures. The shared…
The US dollar’s performance was quite disappointing after the release of the non-farm payroll data by the Bureau of Labor Statistics, which exceeded expectations. Contrary to market expectations of a rally by the US dollar, the currency rallied…
The GBP/USD today tested new daily highs after the release of the UK’s production data for the month of January by the Office of National Statistics. The currency pair started the day’s session trading in a range, but rallied…