The Great Britain pound was mixed today, rising against the US dollar, but falling versus the Japanese yen. The construction report was the likely source of the confusion as it showed that the sectors continued to grow, but with slower pace than traders have hoped for.
October 02nd, 2013 at 2:46
The US dollar posted gains against other major currencies, including the euro and the Great Britain pound (but excluding the Japanese yen), today. The currency remains in danger from the impact of the US government shutdown.
October 01st, 2013 at 5:01
The Australian dollar jumped today as domestic fundamentals and the Reserve Bank of Australia policy decision propelled the currency higher, allowing it to overcome the negative impact of risk aversion, created by the US government shutdown.
September 30th, 2013 at 17:50
The Australian dollar followed its New Zealand counterpart to the upside even though economic data from China, the major Australia’s trading partner, was not particularly encouraging.
September 23rd, 2013 at 11:34
The Australian dollar rose today after a report of China’s manufacturing was released on the weekend, showing that the sector expanded this month with faster pace than was predicted by analysts.
September 04th, 2013 at 14:45
The Great Britain pound was rising every single day of this week and today was not an exception as the very good data about the service industry drove the sterling even higher.
September 04th, 2013 at 12:00
There’s too much uncertainty about the geopolitical situation right now, and that is weighing on riskier assets today. Indeed, the euro is struggling a bit, even though it appears as though there is a broad-based recovery happening in the eurozone.
September 03rd, 2013 at 22:57
The US dollar rose today as fundamental reports were good, supporting the case for the Federal Reserve to reduce monetary stimulus. The gains were not big, though, and the greenback actually retreated against some currencies, including the Great Britain pound and the Australian dollar.
September 03rd, 2013 at 14:49
Fundamental data from the United Kingdom continued to be good, adding to evidences of economic growth. It supported the Great Britain pound, which rallied today, but currently has troubles maintaining gains. The sterling remains higher versus the Japanese yen, but retreated against the US dollar as of now.
September 03rd, 2013 at 12:42
Euro is mostly lower today, struggling as ECB expectations keep the 17-nation currency down. The currently-low rates are expected to continue, with the announcement coming later this week.