The euro fell against most of its major peers today, though managed to gain on the Great Britain pound, which was weakened by the comment’s from the British central bank’s chief. Tuesday’s macroeconomic…
Posts published in June 2017
The US dollar climbed to the highest level since May 30 against the euro on Tuesday following a stream of hawkish comments from US Federal Reserve officials yesterday and today. Two members of the Federal…
The GBP/USD currency pair today tumbled to new lows last witnessed in April due to dovish comments from Bank of England Governor, Mark Carney. The currency pair hit the new lows during…
Swiss Franc Rallies After Speech of SNB Chief
The Swiss franc rose today after the speech of the central bank’s chief even as some economic forecasts for Switzerland were revised down. Thomas Jordan, Chairman of the Swiss National Bank, said today:…
The Australian dollar started the current trading session rising but reversed its movement at about 12:00 GMT and is trading near the opening levels as of now. The Reserve Bank of Australia released minutes…
The British pound declined against most of other major currencies on Monday to begin the week on a negative note following the commencement of the Brexit negotiations. The British currency came under more pressure versus the US…
The EUR/USD today hit new lows after upbeat comments from the New York Fed’s William Dudley during the North American session reignited buying interest in the US dollar. The currency pair…
The Australian dollar was mixed after the speech of Phillip Lowe, Reserve Bank of Australia Governor, and as Moody’s Investors Service downgraded credit ratings of several Australian Banks. The Aussie fell against such…
Japanese Yen Falls as Trade Balance Misses
The Japanese yen fell today after the nation’s trade balance missed expectations. Japan’s trade balance posted a surplus of â¥â0.13 trillion yen in May. It was a drop from ¥â0.16 trillion…
The Forex market was largely driven by central banks’ meeting during the past trading week. Yet the Canadian dollar had its own bullish factor that allowed it to ignore other…