Forex News

Live Forex news relevant to online currency trading


Dollar Ends Week Soft as Fed Stays Passive

The US dollar was hurt by the monetary policy decision of the Federal Reserve, ending the week relatively soft. Yet there were even weaker currencies — the Great Britain pound and the New Zealand dollar, which suffered from the monetary policy outlook.

Pound Ends Trading Lower as Boris Johnson Hints at Brexit Timing

The Great Britain pound ended trading lower against its major peers, being dragged down by comments from British Foreign Secretary Boris Johnson, who signaled that the process of Britain’s exit from the European Union may start earlier than it was previously anticipated.

Canada’s Inflation & Retail Sales Miss Expectations, CAD Suffers

The Canadian dollar dropped against its rivals today as consumer prices and retail sales reports failed to reach market expectations, suggesting that Canada’ economy does not feel particularly well.

Euro Trades Higher After Markit Releases PMIs

The euro was trading higher against its most-traded peers today after Markit released a bunch of Purchasing Managers’ Indexes for the major countries of the eurozone as well as for the whole region.

South African Rand Steady After Central Bank Maintains Policy Stable

The South African rand was almost flat against the US dollar after the South African Reserve Bank kept its monetary policy intact but signaled that the monetary tightening cycle may come to an end soon.

NZ Dollar Lower as RBNZ Continues to Talk About Stimulus

The New Zealand dollar declined against the US dollar and the euro today after the nation’s central bank left monetary policy unchanged but maintained its easing bias.

Australian Dollar Rises After Release of Leading Index

The Australian dollar rose against the US dollar and the euro today after the release of yet another positive leading index from Australia.

Yen Trades Higher After BoJ Meeting

The Japanese yen climbed against its major rivals today after the Bank of Japan concluded its monetary policy meeting, adjusting the policy but refraining from a major stimulus expansion.

Swiss Franc Trades Higher on Tuesday

The Swiss franc traded higher against its most-traded rivals during Tuesday’s trading ahead of Wednesday’s monetary policy announcement from the Federal Reserve.

Aussie Higher vs. Greenback & Euro After RBA Minutes

The Australian dollar was mildly higher against its US counterpart and the euro after the minutes released by the Reserve Bank of Australia showed that the central bank was not in a hurry to cut interest rates further.