The Australian versus the New Zealand dollar currency pair managed to rotate from the 1.0592 low, thus acknowledging the lower line of the descending channel. Long-term perspective The appreciation that started after the firm…
The Australian dollar was the strongest currency on the Forex market today even though the Reserve Bank of Australia expanded its stimulus more than was expected. Market analysts explained the currency’s stellar…
The euro today rallied to new 5-day highs against the US dollar as the US Presidential election day caused the dollar to selloff against other currencies. The EUR/USD currency pair’s rally was driven…
The Swiss franc is carving out a direction on Tuesday as investors brace for the 2020 US presidential election, comb through the latest inflation and manufacturing data, and determine if Switzerland can successfully mitigate…
The Great Britain pound versus the United States dollar currency pair seems to be willing to go along with the bulls. Are they able to keep up and resume the climb? Long-term perspective…
The Canadian dollar was the strongest currency on the Forex market on Monday. The reason for the currency’s impressive performance was primarily the sharp bounce of crude oil prices, though Canada’s macroeconomic data was also…
The US dollar is trading slightly higher against some of its currency peers one day before the 2020 presidential election. Investors are anticipating volatility across the broader financial markets…
The Great Britain pound was soft today, though it managed to gain on the Swiss franc. The major source of the sterling’s weakness was the news that the country will enter a second lockdown this…
The Bank of Japan was about flat against major rivals and fell versus commodity currencies today. Better-then-expected domestic manufacturing data was unable to help the currency. Now, traders wait for minutes…
The euro was mixed today, rising against some currencies and falling versus others. There were plenty of reasons for the currency to fall, though robust macroeconomic data released on Monday was supportive…