The New Zealand dollar rallied today even though macroeconomic data released earlier this week was highly negative for the currency while the market sentiment was not supportive either.
September 25th, 2015 at 17:50
September 24th, 2015 at 14:59
Japanese yen is heading higher against its major counterparts today as safe haven demand increases. A number of concerns are causing a bit of risk aversion and the yen is in demand as Forex traders look for a bit of safety.
September 24th, 2015 at 14:19
UK pound is struggling against the euro right now, heading lower following disappointing data about borrowing. However, the pound is higher against the US dollar.
September 11th, 2015 at 14:13
US dollar is heading higher as risk aversion appears in the market, and as commodities continue to struggle. There is a lot happening right now that points to a higher greenback, and it is little surprise that the US currency is once again moving higher against its major counterparts.
September 10th, 2015 at 12:41
Pound is heading higher today, thanks in large part to the latest talk of a rate hike from the Bank of England. Even though the latest manufacturing data was a bit weak, expectations that the BOE will need to raise rates soon is helping sterling against its major counterparts.
September 09th, 2015 at 11:57
The Japanese yen continued to fall today, extending yesterday’s drop. The market sentiment continues to favor risky traders, making safety of the yen unneeded for investors.
September 08th, 2015 at 13:13
The Australian dollar climbed more than 1 percent against the US dollar and the Japanese yen. The currency rallied even as macroeconomic data from China and Australia itself was rather negative.
September 04th, 2015 at 14:09
Euro is heading lower today, thanks in large part to the latest comments from ECB President Mario Draghi. With the European Central Bank adopting a dovish stance and talking about more easing, it’s little surprise that the 19-nation currency is heading lower against the greenback today.
September 03rd, 2015 at 13:18
It’s been a choppy few days for the world markets, but things seem to be smoothing out for now. The US dollar, after a few down days, is once again regaining the upper hand. Forex traders are focusing on expectations of better news out of the United States.
September 01st, 2015 at 14:46
Euro is getting some help today from the fact that the latest unemployment numbers are showing improvement. With lower unemployment levels and Forex traders still interested in the carry trade, euro is getting some help today.