The Indian rupee rose today on hopes that the US Federal Reserve stimulus will maintain capital inflows into the Asian country and on expectations of an interest rate hike from the Indian central bank.
November 16th, 2013 at 9:02
The US dollar continued to demonstrate weakness, ending Friday with losses against most major currencies, as worse-than-expected macroeconomic data fueled the speculations that the Federal Reserve will refrain from stimulus tampering in the near future.
November 15th, 2013 at 9:33
The New Zealand dollar ticked up against its US peer on outlook for prolonged monetary accommodation from the Federal Reserve. The currency also rallied for the fourth straight trading session against the Japanese yen.
November 15th, 2013 at 8:59
The Japanese yen continue to demonstrated weakness today as economic growth slowed, while speculations about prolongation of monetary stimulus from the US Federal Reserve damped demand for safer currencies.
November 14th, 2013 at 23:53
The US dollar continued to rise today after Federal Reserve Chairman nominee Janet Yellen said that asset purchases “will not continue indefinitely”, fueling speculations that the Fed will scale down its bond buying program. Gains were limited as US macroeconomic data was rather poor.
November 14th, 2013 at 2:36
The Canadian dollar rallied against its US counterpart yesterday and remained strong today on prospects for prolonged monetary stimulus from the Federal Reserve. The currency also rose against the Japanese yen, but was flat against the euro.
November 13th, 2013 at 14:35
There is a lot of uncertainty in the markets right now, and that is reflected in the situation with the greenback. The US dollar is mixed right now, tending a little higher in some cases. Mostly, though, the greenback is moving between gains and losses against its major counterparts.
November 13th, 2013 at 12:13
The South Korean won was flat, paring decline, as domestic fundamentals helped the currency to overcome the general risk-negative market sentiment.
November 12th, 2013 at 4:05
The Canadian dollar demonstrated a mixed performance today, falling against its US counterpart, rising versus the Japanese yen and staying flat against the euro.
November 11th, 2013 at 16:20
Greenback is turning in a mixed performance today as Forex traders process all the recent economic data from around the wold. There’s still a bit of strength for the US dollar from the recent payrolls report, but a bit of risk appetite is appearing on the better economic data out of China, and that is weakening the greenback a little bit.