The Canadian dollar today weakened against the US dollar after the release of weak Canadian CPI and retail sales data by Statistics Canada. Other releases from the US docket such as the Markit US…
The Japanese yen rose today as tensions between the United States and North Korea continued to escalate, making safe assets more appealing to investors. US President Donald Trump ordered new sanctions…
The Australian dollar gained on its US counterpart today. The currency slid against other rivals intraday but is has bounced by now. Yesterday, the Aussie dropped more than 1% following…
The euro today rallied briefly against the US dollar after Mario Draghi‘s speech at the second annual conference of the European Systemic Risk Board in Frankfurt. The EUR/USD currency pair was on a recovery mode…
The GBP/USD currency pair today traded sideways after a major down slide occasioned by yesterday’s FOMC statement, which outlined a hawkish tone. The release of the public sector borrowing by the Office for National Statistics…
The EUR/USD currency pair was today trading sideways as the markets await the Fed interest rate decision scheduled for later today. The currency pair’s slight upward momentum was largely due to previous…
The New Zealand dollar rose today, reaching the highest level since August 7 and gaining for the fourth consecutive day on the Japanese yen. The currency got support from opinion polls regarding the upcoming…
The Great Britain pound climbed today after retail sales rose last month much more than was anticipated. The currency trimmed its gains by now, losing them against the Japanese…
The US dollar weakened against a basket of its major peers on Tuesday, as traders anticipated a monetary policy decision from the Federal Reserve that will be released on Wednesday. The greenback failed to harness…
The New Zealand rose today, joining its Australian counterpart in a rally, even though the New Zealand consumer confidence dropped this month. The Westpac Consumer Confidence Index slipped from 113.4…