The Canadian dollar rose against the US dollar and the Japanese yen, but fell versus the euro today. Macroeconomic data from Canada was mixed today, while specialists expect that tomorrow’s employment report should be very good.
February 06th, 2014 at 19:48
February 05th, 2014 at 21:07
The US dollar was not able to establish a definite trend today as macroeconomic data was mixed and did not provide a clear picture of the US economic health. The greenback was down against the Japanese yen and a bit lower versus the euro, but rose a little against the Great Britain pound.
February 05th, 2014 at 12:40
The Great Britain pound dropped today due to surprisingly disappointing data from the United Kingdom. The services index unexpectedly fell and shop prices demonstrated deflation for the ninth month in a row.
February 04th, 2014 at 22:42
The Japanese yen fell today as fears on the Forex market eased, damping demand for riskier currencies. It was the first day of losses after the four-day rally versus the euro and the Great Britain pound.
February 03rd, 2014 at 10:02
The South Korean won dropped today as poor macroeconomic data from China and quantitative easing tapering from the Federal Reserve resulted in risk aversion that hurt currencies of emerging markets.
January 31st, 2014 at 4:33
The Japanese yen advanced as a set of good macroeconomic report was released from Japan today, suggesting that policy makers do not need to implement additional monetary stimulus and may even consider an exit from the current excessively accommodative policy.
January 23rd, 2014 at 3:56
The Australian dollar dropped today after a report showed an unexpected contraction of the Chinese manufacturing sector. The data made investors worried about growth in the Asian economy and made them less willing to buy riskier assets.
December 16th, 2013 at 16:33
The Chinese yuan was little changed against the US dollar today after data showed that Chinese manufacturing sector expanded with slower a pace than was predicted by analysts.
December 16th, 2013 at 15:26
Euro is gaining ground today, heading higher as better economic data helps the 17-nation currency. Factory output grew at a better rate than expected, and Germany is once again leading the economic recovery charge. Euro is gaining against most of its major counterparts as a result.
December 05th, 2013 at 2:01
The Great Britain pound was relatively flat against the US dollar and the euro today after yesterday’s drop, but continued to fall against the Japanese yen. The losses were caused by the decline of the services’ index.