The Australian dollar started the week soft, opening below the Friday’s close, as the risk-off sentiment continued to prevail on markets, driving investors away from riskier assets. Geopolitical tensions rise all around…
US nonfarm payrolls should have been the major event this week, but in reality it turned out to be kind of a non-event as markets almost ignored the report, allowing the US dollar…
The EUR/USD currency pair declined significantly as the euro weakened against the US dollar despite lower-than-expected US non-farm payroll report. The positive German trade balance figures did little to boost the weak…
The Canadian dollar rallied against its major peers today thanks to solid macroeconomic data and the rally of crude oil prices. Canadian employment grew by 19,400 in March from February compared to just…
US nonfarm payrolls released today were extremely disappointing with meager employment growth. The dollar tumbled immediately after the report, as one could expect, but the losses were very short-lived,…
The Great Britain pound dropped today as basically all reports released from the United Kingdom during the current trading session were bad and missed market expectations. The Halifax House Price Index…
The Japanese yen climbed today as US President Donald Trump authorized military strike on the Syrian airbase. The USA claimed that the strike is a response to the chemical weapon attack that killed dozens…
The Canadian dollar rose against its US counterpart and the euro on Thursday, after recovering from the losses it had earlier today. The loonie appeared unaffected by fresh housing data that revealed…
The EUR/USD currency pair has been on a major decline during today’s session following dovish comments from Mario Draghi and the positive US jobless claims data. The release of the minutes of the European Central…
The Australian dollar slumped after today’s data showed that growth of China’s services sector slowed unexpectedly. Yet by now, the currency managed to rebound and is trading near the opening level currently.…