The US dollar ended the week firm, rising against most of its major peers. What is more, September was a good month for the greenback overall as it gained against most of its…
Dollar Ends Week & Month on Strong Footing
September 30, 2017
Posts published in September 2017
US Dollar Higher Against Most Rivals
September 29, 2017
The US dollar rose against most of its major rivals (though not all of them) today even as mixed macroeconomic reports did not lend much support to the currency. One of the major…
British Pound Erases Earlier Losses After Hawkish BoE Remarks
September 29, 2017
The British pound erased some of the losses it had against the euro and the US dollar in the wake of disappointing economic growth data on Friday. The UK currency was supported by hawkish comments that were…
Canadian Dollar Declines Against US Dollar on Weak GDP Data
September 29, 2017
The Canadian dollar today weakened against its US counterpart after the release of weak Canadian GDP data by Statistics Canada. Several releases from the US docket such as the personal income data…
Euro Rallies Against US Dollar on Weak PCE Data
September 29, 2017
The euro today gained ground against the US dollar after the release of weak US Personal Consumption Expenditure data early in the North American session. The EUR/USD currency pair had rallied higher…
Swiss Franc Gets Boost from Positive Outlook for Economy
September 29, 2017
The Swiss franc gained on its rivals, though not on the euro, thanks to data that revealed a favorable outlook for the Swiss economy. The KOF Economic Barometer rose from 104.2 to 105.8 in September, exceeding…
Japanese Yen Shows No Trend After Slew of Economic Reports
September 29, 2017
A range of macroeconomic reports were released in Japan today. Most of them were within expectations, giving no edge to the nation’s currency. Therefore, the Japanese yen showed no discernible trend during…
Canadian Dollar Recovers After Wednesday’s Steep Decline
September 28, 2017
The Canadian dollar recovered today following yesterday’s steep decline, though the currency was still heading to weekly losses against most of its majors. Yesterday, Bank of Canada Governor Stephen Poloz…
Australian Dollar Extends Decline Ahead of Next Week’s RBA Meeting
September 28, 2017
The Australian dollar extended its decline today, falling for the third consecutive day against the euro and for the fourth versus the US dollar and the Swiss franc. The Aussie started a rally at the beginning of June, but it…
British Pound Mixed Against Main Counterparts Following Mark Carney Comments
September 28, 2017
The British pound weakened against the euro on Thursday, even after positive comments from Bank of England Governor Mark Carney. Meanwhile, the UK currency rose against the US dollar following a confirmation…