Bloomberg — News Archive


Japanese Yen Flat amid Confusing News Headlines About US-China Trade Deal

The Japanese yen was flat against most of its major rivals amid conflicting reports about the probability of reaching a phase-one trade deal between the United States and China before the new US tariffs, scheduled to take effect on December 15, will kick in. Domestic macroeconomic data was relatively good but slightly worse than expected.

USD/IDR Flat After Bank Indonesia Keeps Interest Rates Stable

The Indonesian rupiah was little changed against the US dollar today after the nation’s central bank kept interest rates unchanged but maintained an easing bias.

Canadian Dollar Gains amid Hopes for NAFTA Deal

The Canadian dollar jumped against its rivals today on optimism about the NAFTA deal and as prices for crude oil, Canada’s main export commodity, rebounded after yesterday’s slump.

Euro Sinks to New Lows on Weak German ZEW Survey Data

The euro today booked significant losses against the US dollar following the release of German ZEW survey data for March. The ZEW data triggered a decline that extended from the early European session into the American session as the US dollar gained ground against the single currency.

Dollar Receives Support from Fed Policy Outlook & Economic Data

The US dollar gained against the basket of major currencies today (though fell versus the Japanese yen) amid speculations that the Federal Reserve is going to raise interest rates next week. Positive macroeconomic data also provided support to the US currency.

USD Stable, Gains vs. European Currencies amid Next Fed Chief Speculations

The US dollar was stable today against its most-traded rivals but gained on the European currencies, including the euro and the Great Britain pound. The greenback got support from rumors that the next leader of the Federal Reserve may be a hawk.

Euro Falls vs. Majors, Beats Vulnerable Pound

The euro fell against most of its major peers today, though managed to gain on the Great Britain pound, which was weakened by the comment’s from the British central bank’s chief.

Yen Recovers After Dropping on Kuroda’s Comments

The Japanese yen slipped during the current trading session Haruhiko Kuroda, Bank of Japan Governor, pushed back date for reaching the target inflation level. The has currency managed to recover after the initial drop and trades near the opening level as of now.

US Dollar Mostly Higher Today Against Its Major Counterparts

US dollar is mostly higher today, gaining ground as Forex traders look forward to the possibility of a rate hike from the Federal Reserve. Additionally, there are indications that the role of the US dollar on the Forex market might be changing.

Economic Outlook for Eurozone Drags on the Euro

The economic outlook for the eurozone is dragging on the euro today, bringing it lower as concerns about what’s next for the 19-nation currency region continue.