Forex News

Aussie Declines as the RBA Expects GDP to Shrink Sharply in Q3

The AUDUSD currency pair fell 0.0023, or 0.31%, to 0.7345 on Tuesday, September 14, from 0.7367 the preceding trading period,…

3 years ago

Pound Weakens as Global Financial Market Sentiment Deteriorates

A sharp downturn in global market mood prior to the weekend fueled demand for safe-haven assets at the cost of…

3 years ago

Russian Ruble Likely to Hit 75.76 Against Greenback as Rate Hike Misses Expectations

The Central Bank of Russia increased its benchmark interest rate by 25 basis points to 6.75%, despite market expectations for…

3 years ago

Eurodollar Declines to $1.18 as Investors Await ECB Policy Meeting

The euro dollar fell to $1.18 after climbing over $1.19 for the foremost time after June 30th. ingnvestors are waiting…

3 years ago

Euro Hits 2-Month High on Calls for Tapering Bond Purchases by ECB Governing Council Member

Friday's lackluster US employment data helped the euro rise over $1.19 for the foremost time since June 30th. In addition,…

3 years ago

Canadian Dollar Under Selling Pressure as Economy Continues to Slide

The Canadian Dollar fell to the bottom of the main currency performance chart on Tuesday, boosting GBP/CAD and USD/CAD in…

3 years ago

New Zealand Dollar Rebounds as Market Shifts to Risk-On Sentiment

The Kiwi dollar gained ground Friday to hit $0.70, from $0.68 in early August as investors swirled away from the…

3 years ago

Russian Ruble Strengthens On Crude Recovery & Rate Hike

The Russian ruble strengthened over the 74 mark versus the US dollar, aided by a rebound in crude prices and…

3 years ago

Swedish Krona Hits 11/2-yr Low Despite Manufacturers’ Confidence Hitting Record High

The Swedish krona hit a one-and-a-half-year low despite the release of a series of upbeat data for July. Specifically, the…

3 years ago

US Dollar Strengthens on Hints of Policy Tightening by FOMC Minutes

The US dollar index was changing hands at about 93.43 against a bouquet of currencies on Thursday, up from 93.1…

3 years ago