Posts published in June 2017

US Dollar Gains on Friday, Still Vulnerable

The US dollar rose against its major rivals, with the exception of the Great Britain pound, on Friday. But fundamentally the currency remained very vulnerable. Major central banks around the world shifted…

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Australian Dollar Fails to Keep Gains

The Australian dollar rallied on the back of positive China’s macroeconomic data released today but was unable to follow through with the rally. The currency trimmed its gains versus the euro and the Swiss franc…

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Yen Trims Initial Losses on Thursday

The Japanese yen fell against its major peers during the Thursday’s trading session but managed to trim its losses by now and even erased them completely versus the US dollar. Bank…

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CAD Touches Highest Since February vs. USD

The Canadian dollar gained against its US counterpart today, reaching the highest level since February. The currency trimmed its gains by now, though, and fell versus other most-traded peers. Stephen…

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