The Great Britain pound rallied today even as data showed that manufacturing shrank last month. The good part of the report was that the sector’s decline was smaller than anticipated by analysts.
May 01st, 2013 at 10:09
April 30th, 2013 at 23:26
The US dollar dipped today on speculations that the Federal Reserve will not reduce stimulus as the recent fundamental data was not good enough to warrant tighter policy.
April 24th, 2013 at 13:48
Euro is losing ground today, thanks to more disappointing economic data out of Germany, and across the eurozone. Euro is down against all of its major counterparts due to concerns about the faltering German economy, and its affect on the rest of the eurozone.
April 23rd, 2013 at 17:21
Aussie is heading lower against the US dollar after the latest data out of China disappoints. However, as European currencies continue to weaken, Australian dollar is finding some success against them.
April 23rd, 2013 at 11:13
The euro dropped today as the manufacturing and service sectors continued to contract in the eurozone, fueling speculations that the European Central Bank will ease its monetary policy.
April 23rd, 2013 at 4:50
The New Zealand dollar dropped today as slowing growth of China’s manufacturing sector led to worries about global economic growth and hurt prospects for New Zealand exports.
April 11th, 2013 at 23:49
The New Zealand dollar climbed today as data showed an expansion of the manufacturing sector. Not all fundamentals were good, but this did not deter the currency from reaching the highest level since August 2011 against the US dollar and the strongest price since February 2008 versus the Japanese yen.
April 04th, 2013 at 14:31
The Great Britain pound jumped today after the Bank of England kept the monetary policy unchanged and the service industries expanded with faster pace than was anticipated by analysts.
April 03rd, 2013 at 2:03
The Canadian dollar continued to rise today as positive macroeconomic data from China and the United States invigorated performance of commodity currencies and made them more attractive to Forex traders.
April 02nd, 2013 at 16:57
The Great Britain pound slumped today after the report showed that the manufacturing sector remained in contraction, albeit shrinking with slower pace.