UK pound is gaining ground against its major counterparts today, thanks to improving data. Pound is doing especially well against the euro, thanks to better economic data and policy divergence.
December 06th, 2014 at 3:58
The US dollar jumped to settle higher against the majority of other most-traded currencies due to overwhelmingly positive non-farm payrolls. While most analysts were optimistic about US employment, even they could not anticipate such impressive growth.
December 05th, 2014 at 11:52
The US dollar index continues to climb, heading higher as better economic news remains the dominant storyline for the greenback. The latest economic news and forecast released by the Federal Reserve indicates a number of positive changes, and that is good for the US dollar as it moves against its counterparts.
December 03rd, 2014 at 21:23
The US dollar gained against nearly all its major counterparts as US macroeconomic indicators continue to be beneficial for the currency. The Great Britain pound was among the few currencies that held ground against the greenback.
December 03rd, 2014 at 11:37
The Canadian dollar has been struggling recently, but seems to be enjoying something of a breather right now. The loonie is a little bit higher against the US dollar, thanks in part to slightly higher oil prices today, as well as some profit taking.
It looks as though another round of currency wars is expected from central banks as countries try to stimulate their economies by weakening their currencies. One of the exceptions to this move, though, is likely to be the US dollar. With the US economy strengthening recently, it is unlikely that the greenback will be a part of the next race to the bottom.
December 01st, 2014 at 11:49
Canadian dollar is getting a little help today in currency trading on the FX market, thanks to better economic data. The embattled loonie is making some progress against some of its major counterparts, thanks to better GDP data and expectations of a good manufacturing report. However, these gains aren’t expected to last as oil prices continue to drop.
December 01st, 2014 at 11:36
Manufacturing data is providing a boost for the UK pound today. After seeing days of poor performance, the sterling is getting a little help from economic data.
November 29th, 2014 at 9:58
The US dollar demonstrated mixed performance this week. The currency fell against the euro, gained versus the Japanese yen and ended the week flat against the Great Britain pound. The month of November, on the other hand, was very good for the US currency as it gained against most major peers.
November 28th, 2014 at 13:30
US dollar index is heading higher today, gaining ground as commodities fall. While the US dollar is mixed in trading with individual currencies, the dollar index, which measures the greenback’s performance against a basket of currencies, is heading higher.