The New Zealand dollar rose today after yesterday’s drop, but gains were limited after the central bank said that an interest rate hike is not likely to happen this year.
March 14th, 2013 at 10:25
March 07th, 2013 at 13:08
The Australian dollar managed to rise today even after the data showed that the trade balance deficit widened, surprising traders who have expected it to decline.
March 07th, 2013 at 11:50
The Bank of Japan left its interest rates and the size of the asset purchase program unchanged today. The Japanese yen dropped after the news.
March 06th, 2013 at 22:21
The Polish zloty dropped today as the Polish central bank cut interest rate more than was expected, reducing attractiveness of the currency. Yet not all specialists were bearish on the zloty.
March 06th, 2013 at 19:03
The Canadian dollar dropped sharply against its US counterpart today after the Bank of Canada left interest rates unchanged, signaling that the accommodative policy will persist for some time.
March 06th, 2013 at 12:02
Australia’s economy demonstrated stable growth last quarter and this increased the appeal of the nation’s currency. It is not a surprise that the Australian dollar rose today, considering the positive domestic data.
March 05th, 2013 at 12:29
The Australian dollar rallied today as retail sales beat expectations in January and the Reserve Bank of Australia left interest rates unchanged. The currency gave away some of its initial gains and erased the rally versus the yen completely.
March 04th, 2013 at 16:24
The Australian dollar weakened today after a report showed that building approvals unexpectedly fell in January. Macroeconomic data from China was also not supportive for the currency.
March 01st, 2013 at 4:38
The Australian dollar gained today on speculations that the Australian central bank will pause interest rate cuts to gauge the impact of the accommodative monetary policy on the economy. Earlier, the currency was falling amid negative reports from China.
February 28th, 2013 at 2:10
The Mexican peso gained today as Manuel Sanchez, a member of the central bank’s board, said that he is not supporting an interest rate cut. The market sentiment was also supportive for the currency.