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The US Dollar strengthened across the board during the North American session, registering 1.4% gain against the Euro, an over 0.7% gain against the Pound and a 0.5% advance against the Swiss Franc. The ‘Greenback’ was…
A number of factors pushed the Australian Dollar higher against peers like the Pound and US Dollar yesterday. Firstly, demand for the commodity-driven currency increased after Federal Reserve Chairwoman Janet Yellen did…
The US Dollar remained trading around the day’s opening levels against the Euro, Indian Rupee and British Pound on Tuesday as investors responded to mixed economic reports from the world’s largest economy and unrevealing…
At the close of last week higher-risk currencies like the New Zealand Dollar gained as the Greek request for a four-month extension of its current bailout programme reduced the odds of a ‘Grexit’ occurring in the near…
As the week drew to a close, the Russian Ruble was in line to record its most impressive run of 5-day advances against the US Dollar for nine months. The tentative ceasefire between Russia and Ukraine and climbing oil…
The Pound enjoyed a bullish relationship with the majority of its currency counterparts during Wednesday’s European session as investors considered the possible repercussions of the UK’s better-than-expected employment…
After trending on the backfoot since the Reserve Bank of Australia took the unexpected step of cutting interest rates at its February policy meeting, the Australian Dollar was able to recoup some of its recent losses…
The New Zealand Dollar (NZD) had a buoyant trading session overnight, with the ‘Kiwi’ advancing on the majority of its currency counterparts. The NZD/GBP currency pairing climbed by over 1.0% to trade in the region of…
A number of factors helped the Canadian Dollar advance by over 0.5% against the US Dollar during the local session. The commodity-driven currency had previously softened as a result of comments issued by a Bank of Canada…
Prior to the release of the Bank of England’s highly-anticipated quarterly inflation report, the Australian Dollar was trading in the region of a five-year low against the Pound. Sterling had previously been bolstered by…
The South African Rand extended declines against the US Dollar on Monday after sliding against the US currency at the end of last week as a result of the impressive US Non-Farm Payrolls report. The emerging-market…
The Norwegian Krone advanced against the Euro at the close of the week despite a mixed bag of reports for Norway. The NOK/EUR exchange rate achieved an almost two-month high as oil prices increased and ‘Grexit’ concerns…
The New Zealand Dollar has experienced considerable volatility this week, posting notable declines following the Reserve Bank of Australia’s interest rate decision but then recouping losses following a successful dairy…
The US Dollar to Indian Rupee currency pair advanced by 0.2% during the North American session as the US published positive domestic data. The USD/INR exchange rate achieved a high of 61.8900 during local trading as the…
The Australian Dollar posted extensive, broad-based declines off the back of the Reserve Bank of Australia’s decision to cut the benchmark interest rate. The RBA has maintained a policy of steady interest rates since…
The Russian Ruble dropped against peers like the US Dollar on Monday as Russia’s Manufacturing Purchasing Managers Index fell to its lowest level for five and a half years. The gauge of the manufacturing sector dropped…
