Forex News

Live Forex news relevant to online currency trading


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.

Canada Settles Flat on Monday

The Canadian dollar was little changed during the Asian trading session after closing almost flat at the end of the Monday’s session. As usual, the currency was following moves of crude oil, which this time has not been able to help the loonie in determining its trend.

Dollar Trades Little Lower on Monday

The US dollar traded with small losses on Monday ahead of the two-day policy meeting scheduled by the Federal Reserve this week. Speculations about possible actions of the US central bank remain an important factor for determining moves of the greenback.

Aussie Trades Higher After Release of Leading Index

The Australian dollar rose today, jumping more than 1% against its US counterpart, as the nation’s supporting leading indicators added to the upward momentum of the currency caused by the investors’ appetite for riskier assets.

New Zealand Dollar Trades Higher on Monday

The New Zealand dollar gained today thanks to both good macroeconomic data released from New Zealand itself and the general risk-positive market sentiment.