Australian dollar is struggling today, falling after the Reserve Bank of Australia voted to remain in a holding pattern on interest rates. Additionally, Aussie is finding it difficult to overcome the issues related to slowing Chinese growth.
Federal Reserve — News Archive
August 31st, 2015 at 13:57
With traders looking for safe haven in an unsettled global market, the US dollar is heading lower. Greenback is struggling as Forex traders turn to the yen and to the euro.
August 29th, 2015 at 10:32
The week has started with a surge of risk aversion on the Forex market as the collapse of China’s stock market scared investors. Surprisingly enough, the dollar dropped against its major rivals after the event. Yet the currency reversed its losses very quickly, rising for the most part of the week.
August 28th, 2015 at 22:20
The US dollar was rather soft for the most part of Friday’s session but bounced by the close with support of comments from Federal Reserve Vice Chairman Stanley Fischer.
August 28th, 2015 at 15:31
The Canadian dollar was falling for the most part of Friday’s trading session but reversed its movement as of 14:00 GMT and currently almost erased its losses. The reason for such behavior was the sudden surge of oil prices.
August 27th, 2015 at 9:43
The Japanese yen dropped today as the market sentiment improved. There was a couple of reasons for this, including the rally of stocks and speculations about the possible timing of an interest rate hike from the Federal Reserve.
August 25th, 2015 at 13:30
Euro is pulling back against some of its major counterparts today. After yesterday’s surge, some Forex traders are taking profits, while others wait to see if the global instability subsides.
August 25th, 2015 at 12:52
US dollar index is moving higher today, recovering above the 94.00 level after yesterday’s drop to near the 92.60 level as the carnage in world markets weighed on a number of markets. Today, things are looking mostly up, and the greenback is higher, although gains are limited by speculation that the Fed won’t move to raise rates until the first quarter of 2016.
August 22nd, 2015 at 11:58
The US dollar has started the past trading week with a rally but it did not last long. The currency reversed its movement rather quickly and was moving down for the most part of the week. The Federal Reserve’s policy minutes were the major contributor to the greenback’s weakness.
August 20th, 2015 at 22:34
The euro jumped today against its most-traded counterparts, climbing more than 1 percent against the US dollar. Both domestic and overseas news contributed to the rally of the shared 19-nation currency.