The EUR/USD currency pair today rallied to new highs ignoring the robust US GDP data released mid-European session, which led to a brief decline. The currency pair rallied higher in the late Asian…
The Japanese yen was stable today despite the announcement of a snap election in October. According to reports, Prime Minister Shinzo Abe dissolved the parliament, announcing a snap election on October 22. He hopes…
The New Zealand dollar attempted to rally during the Asian trading session but failed to hold onto gains and is trading near the opening level as of now. The Reserve Bank of New Zealand held…
The Canadian dollar dropped against its US counterpart on Wednesday in the wake of dovish comments from Bank of Canada Governor Stephen Poloz. The loonie also had broader losses against other major…
The euro today declined against the US dollar on the back of positive US macro data including the durable goods orders and the weak MBA mortgage applications data. The euro was weighed down by the political…
The USD/CAD currency pair today hit new three-week highs as the US dollar rallied against its Canadian counterpart even as global oil prices retreated from 5-month tops. The US dollar…
The New Zealand dollar fell for the second consecutive day today, driven down by the outcome of the weekend general election as well as today’s macroeconomic data that was extremely poor. The ruling National party…
The euro fell today, retreating for the second day in a row, as the inconclusive outcome of the German federal election over the weekend led to political uncertainty in Europe. Christian Democratic Union party of German Chancellor Angela…
The euro failed to garner support from the very positive macroeconomic reports released today. The currency attempted to rally intraday, but failed to do so, and is now trading near or below the opening…
The US dollar moved lower against the euro and the Japanese yen on Friday after an exchange of threats continued between the United States and North Korea. Todayâs economic releases provided the greenback little support…