Forex News

Live Forex news relevant to online currency trading


Aussie Follows Kiwi in Gains

The Australian dollar followed its New Zealand counterpart in a rally during the current trading session even though fundamentals were not as supportive for the Aussie.

NZ Dollar Higher with Help from Domestic Data & Crude Oil

The New Zealand dollar rose today thanks to the positive domestic data and the rebound of prices for crude oil.

Hungarian Forint Higher vs. Euro After Central Bank Announcement

The Hungarian forint gained on the euro and was stable against the US dollar today as Hungary’s central bank signaled about an end to its monetary easing cycle.

Economic Sentiment Doesn’t Look Good for Euro

The euro fell against most currencies today, including the US dollar and the Swiss franc, though not the Japanese yen. The indicators released during the current trading session showed that the economic sentiment deteriorated sharply this month.

Dollar Index Higher, But Gains Tempered by Sterling

The US dollar index is higher today, but the gains are tempered by a UK pound that is gaining ground. Rate hike expectations and better economic data continue to help the greenback in currency trading, even though the US currency is lower against the sterling today.

Japanese Yen Eases After Yesterday’s Gains

Japanese yen is easing today, trading mixed against its major counterparts following yesterday’s gains. There are still questions about what’s next for Japan, and there is always the possibility that officials will intervene to weaken the yen.

Great Britain Pound Higher as Threat of Brexit Wanes

The Great Britain pound climbed against its most-traded peers during the Tuesday’s trading session after comments from Mark Carney, Bank of England Governor, and Brexit polls.

Interest Rate Cut Talks Weigh on Australian Dollar

The Australian dollar sank today amid speculations that the Reserve Bank of Australia may perform another interest cut after it has already slashed borrowing costs earlier this month.

Canadian Dollar Kicks Off Week with Decline

The Canadian dollar was demonstrating a poor performance during the Monday’s trading session. It is hard to be surprised by this turn of events considering the noticeable decline of prices for crude oil.

Brexit Continues to Weigh on UK Sterling

The Great Britain pound fell today, following the sharp drop on Friday, as market participants continued to speculate whether the United Kingdom is going to remain in the European Union.