The US dollar declined against the Japanese yen on Monday as investors worried that President Donald Trump might not have enough support in Congress to fulfill his economic agenda. Todayâs concerns…
Posts published in April 2017
The USD/CAD currency pair today declined briefly after the Bank of Canada released the Spring 2017 results of its Business Outlook Survey, which indicated a positive economic sentiment among the business community.…
Yen Flat After Tankan Survey
The Japanese yen was mostly flat today after the release of the Tankan survey that showed improvement in both manufacturing and non-manufacturing sectors for large enterprises. The manufacturing index rose from 10 in the December…
Aussie Starts Week Soft due to Macroeconomic Data
The Australian dollar has started this trading week with losses due to poor macroeconomic data, both domestic and overseas. The major perpetrator in the Aussie’s fall was the retail sales report that…
Dovish Stance of ECB Results in Week of Euro Sell-Off
Traders were selling the euro during the past trading week as the European Central Bank suggested that markets interpreted its stance on monetary policy wrongly, believing it to be more hawkish…