Forex News

Live Forex news relevant to online currency trading


Euro Higher vs. Dollar as German Consumer Climate Improves

The euro rose against the US dollar for the second day but edged down versus the Great Britain pound today after the positive economic news from Germany.

Yen Little Changed After CPI Shows Drop

The Japanese yen was little changed after a report showed that Japan’s deflation persisted despite the efforts of the Japanese central bank.

South African Rand Rises, Remains Under Pressure from Political Uncertainty

The South African rand rose a bit today, joining other currencies of emerging markets in a small scale rally, but remained under pressure from political turmoil in South Africa.

Mexican Peso Little Changed After Current Account Gap Increases

The Mexican peso was little changed against the US dollar at the start of Friday’s trading after the release of a current account report on Thursday that showed an increase of a deficit.

Turkish Lira Bounces After Earlier Drop

The Turkish lira rose a bit today after falling earlier on the news that Turkey launched a military strike in Syria against Islamic State militants.

South African Rand Tumbles Over Political Turmoil

The South African rand fell today as political turmoil in the country made the currency not particularly attractive to investors.

Dollar Mixed as Traders Wait for Yellen & Jackson Hole Symposium

The US dollar was mixed today, rising against the euro (after the falling earlier), falling versus the Great Britain pound, and staying almost flat against the Japanese yen. The greenback also demonstrated mixed performance against commodity currencies.

Pound Firm During Tuesday’s Trading

The Great Britain pound was relatively firm during the Tuesday’s trading session. Analysts offer various explanations for the currency’s good performance.

Euro Mixed After Release of PMIs

The euro rose against the US dollar but fell versus the relatively strong Great Britain pound following the release of Purchasing Managers’ Indexes from the eurozone.

NZD Hard Pressed to Keep Gains Caused by Wheeler’s Comments

The New Zealand dollar rallied during early hours of the Tuesday’s trading session as Graeme Wheeler, Reserve Bank of New Zealand Governor, signaled that the central bank is not in a hurry to continue interest rate cuts. Yet the currency had troubles keeping its gains.