Forex News

Live Forex news from all over the world.

Archives

Swiss Franc Falls vs. Dollar & Euro Following Manufacturing PMI

The Swiss franc fell against the US dollar and the euro today despite the better-than-expected manufacturing report released in Switzerland during the trading session.

British Pound Falls as Construction Activity Declines in December

The British pound fell against most of its major peers on Wednesday following a fresh release that showed a drop in activity within the construction sector in the last month of 2017. The British currency further weakened against the US dollar as traders anticipated the minutes of the last Federal Open Market Committee’s meeting.

Euro Trades Lower Against US Dollar Ahead of FOMC Minutes

The euro today traded lower against the US dollar amid a broad-based greenback recovery for most of today’s session. The single currency was largely unaffected by the positive German employment data released by the Federal Statistical Office.

CAD Gains on USD, Trims Losses vs. Other Rivals

The Canadian dollar rallied versus its US counterpart thanks to the broad-based weakness of the US currency. The loonie fell versus its other most-traded rivals, but has trimmed losses by the end of the Tuesday’s trading session.

US Dollar Starts 2018 with Extreme Weakness

The US dollar started 2018 extremely week, extending the trend from 2017 and falling against all of its major rivals.

GBP Gains on USD, Falls vs. Other Rivals After Manufacturing PMI

The Great Britain pound gained on the US dollar but fell versus other most-traded currencies after the release of Britain’s manufacturing PMI.

EUR/USD Rallies to 4-Month Highs on First Trading Day of 2018

The EUR/USD currency pair today rallied to new 4-month highs as the positive investor sentiment towards the single currency was carried over from 2017. The euro’s rally was also boosted by the in-line Eurozone PMI data released by Markit Economics early in the European session.

AUD/USD Gains After Caixin China Manufacturing PMI

The Australian dollar rallied on the first trading day of 2018 thanks to positive economic data from China. But while the currency managed to hold onto gains versus its US counterpart, the Aussie retreated against other rivals.

Dollar Ends Last Trading Week of 2017 on Weak Footing

The last trading week of the year was not good for the US dollar as the currency was falling against all of its rivals during holiday’s quiet trading, dropping more than 1% against most of them.

Euro Rallies Higher Against US Dollar on Last 2017 Trading Day

The euro today rallied higher against the US dollar mainly boosted by weak US Treasury yields, which contributed significantly to the greenback’s overall weakness. The release of the German CPI data for December could have also contributed to the single currency’s rally despite recording a slight decline.

Navigation

Menu