The Australian dollar fell after the release of economic reports from Australia and China, but the losses were rather limited despite the nervous sentiment among investors due to rising geopolitical risks. China’s…
Posts published in April 2017
The Canadian dollar traded marginally lower against the US dollar and other major peers on Tuesday, as crude oil prices continued to head higher due to growing concerns that global supply might…
Euro Drops Despite Improving Economic Sentiment
The euro dropped against its major peers (with the exception of the US dollar) today even though the economic sentiment indicators for Germany and the whole eurozone improved. The ZEW Indicator of Economic Sentiment for Germany…
The US dollar today weakened against the Japanese yen as the markets became risk averse following a decline in US treasury yields. The US dollar is experiencing its worst performance this month…
The Great Britain pound was steady on Tuesday, the same as some other currencies (like the Australian dollar). Britain’s economic reports were mixed, giving the currency no reason to go one way…
Australian Dollar Steady on Tuesday
The Australian dollar was little changed today even though domestic macroeconomic data released over the trading session was relatively decent and supportive to the currency. The business confidence index released by National…
Pound Bounces from Lows as Traders Wait for Inflation Report
The Great Britain pound bounced from its recent lows on Monday as traders were waiting for inflation data that may prompt the Bank of England to start monetary tightening sooner. Forecasters predicted…
The US dollar weakened against the euro and the British pound on Monday, as investors speculated the future road of monetary policy in the United States. Comments from New York Federal Reserve President William Dudley…
The EUR/USD currency pair began the day trading under intense pressure, which did not change even with the release of the Eurozone Sentix Investor Confidence index. The weekend release of a poll conducted…
Czech Koruna Continues to Appreciate After Cap Removal
The Czech koruna continued to appreciate after the nation’s central bank had removed a cap on the currency last week. It is no surprise to see the volatility of the koruna to increase after the Czech National…