The Swedish krona fell today against the euro, touching the lowest level in a week, after the consumer and manufacturing gauges declined this month, sparking talks about an interest rate cut. The currency advanced versus the US dollar.

The Chilean peso weakened today against the US dollar even though the central bank refrained from cutting interest rates yesterday. The currency advanced versus the euro.

The Bank of Israel made an unexpected move yesterday, cutting its benchmark interest rate. The Israeli new shekel dropped versus the euro today, but rose against the US dollar.

This was definitely not good for the Australian dollar as the nation’s central bank unexpectedly reduced its interest rates and hinted that more rate cuts are possible.

The Australian dollar dropped today, touching the lowest level since June versus its US counterpart, as the Reserve Bank of Australia lowered its inflation outlook, reigniting talks about possible interest rate cut.

The National Bank of Poland cut interest rates earlier this week, surprising Forex market participants. The Polish zloty remained strong even after the unfavorable policy decision.

The Canadian dollar advanced today amid increasing demand for the currency from traders interested in high yield as continuous currency wars make it difficult to find.

The Australian dollar slumped today as the Reserve Bank of Australia surprised Forex market participants by cutting its interest rates and suggesting that further rate cuts are possible.

The Australian dollar dropped today after retail sales unpleasantly surprised Forex market participants by falling in March. The negative data spurred talks about potential interest rate cut by the Reserve Bank of Australia.

The euro ended the last trading day of this week higher against the US dollar, but lower versus the Japanese yen and the Great Britain pound as market participants speculated whether the European Central Bank will cut interest rates next week.