Forex News

Aussie Down on concerns over high debt-GDP ratio of China

Political uncertainty in Europe due to the upcoming elections in France, steep rise in the price of iron ore, and…

8 years ago

Yellen’s optimistic view of US economy boosts Greenback

The US dollar fell broadly against all the major currencies, including the Swiss Franc, in January. The Greenback was hammered…

8 years ago

Fall in crude prices keep the Canadian dollar weak

The Canadian dollar had a piggyback ride on the US dollar and remained strong against most of its rivals, including…

8 years ago

Rise in inflation rate strengthens Canadian dollar

Lower than expected inflation rate, rise in unemployment and Trump’s plan to renegotiate the NAFTA agreement kept the Canadian dollar…

8 years ago

Aussie signals downtrend on decline in consumer prices

The AUD/USD rally, which began in the last week of December 2016, took the pair to a high of 0.7608…

8 years ago

Aussie remains weak on falling coking coal prices

The annual Financial Times report for 2017, prepared on the basis of a survey conducted among economists tracking developments in…

8 years ago

Soft retail sales data turns Aussie weak

Last month, the Australian dollar hardly reacted to the news of 0.5% economic contraction in the third-quarter of 2016. Analysts…

8 years ago

Pound remains bullish on strong manufacturing PMI data

The talk of hard-Brexit pushed the Pound lower against major currencies in mid-December. The FOMC’s statement pointing out a possibility…

8 years ago

Loonie gains ahead of OPEC, non-OPEC production cuts

Earlier this week, the Statistics Canada reported a 0.3% m-o-m economic contraction in October. The news comes after four consecutive…

8 years ago

Kiwi dollar weakens on fall in dairy prices

The interest rate cut announced by the Reserve Bank of New Zealand, in November, did not have the intended effect…

8 years ago