The Swiss franc gained today against the US dollar and the euro as the risk-negative sentiment on the Forex market drove investors to the safety of the Swiss currency. Initially, the Swissie traded lower versus the greenback due the intervention from the central bank.
June 29th, 2015 at 16:01
The Mexican peso fell against the US dollar today as the debt crisis in Greece made traders unwilling to buy riskier currencies of emerging economies. The currency bounced from the daily low as of now but is still trading below the opening level.
June 27th, 2015 at 14:12
The past trading week was dominated by the debt problems of Greece and attempts to find a solution that would be acceptable both for the indebted country and for its creditors. Yet no agreement has been reached, and with the June 30 deadline looming close, traders preferred to get rid of the euro, leading to a weekly drop of the currency.
June 26th, 2015 at 21:50
The euro ended Friday lower as the short-term proposal to Greece from its international creditors was rejected, leaving just a few days to find a solution to the Greek debt woes before the troubled country runs out of money.
June 26th, 2015 at 14:38
The Japanese yen fell during the current trading session as today’s data showed that nation’s inflation slowed. This means that the Bank of Japan may boost monetary stimulus to achieve its target 2 percent inflation.
June 26th, 2015 at 14:12
The New Zealand dollar dropped against its US counterpart and the Japanese yen today even though domestic fundamentals were supportive for the currency as the nation’s trade balance demonstrated an unexpected surplus.
June 26th, 2015 at 13:10
UK pound is mostly rangebound today, thanks to a lack of new data. Additionally, a recent speech from David Cameron has many speculating about the United Kingdom’s relationship to the European Union.
June 25th, 2015 at 23:44
With no bailout for Greece yet, the euro moved a bit lower against the Great Britain pound and the Japanese yen, though it was little changed against the US dollar. Hope remains, but deadline is almost at the door.
June 25th, 2015 at 21:57
The US dollar was flat against the euro and fell against such majors as the Great Britain pound and the Japanese yen during Thursday’s trading. Economic data from the United States was mixed, giving the currency no edge one way or the other.
June 25th, 2015 at 11:10
The Swiss franc slid against the US dollar and the euro today after the comments of the central bank’s chief, who complained about the strength of the currency and said that the central bank may intervene to bring the exchange rate down.