The Australian dollar was mixed on Wednesday. The currency was flat against such rivals as the US dollar and the Japanese yen after swinging back and forth between gains and losses, fell versus the euro, but gained on the Swiss franc.
GDP — News Archive
Factors Affecting New Zealand Dollar During Week of 15-19 April 2019
April 15, 2019 at 16:50 Forex Forecast, New Zealand Dollar
The New Zealand dollar performed well during the past trading week. What factors will be affecting the currency during the current week?
Pound Rallies on Domestic Data, Brexit Optimism
April 11, 2019 at 0:01 Great Britain Pound
The Great Britain pound preserved at the beginning of the Thursday’s trading session gains it has achieved on Wednesday. The currency’s good performance was a result of largely positive domestic macroeconomic data and the hopeful outlook for the Brexit.
Chinese Yuan Dips Despite Bullish IMF, Exports Forecasts
April 10, 2019 at 20:38 Chinese Yuan
The Chinese yuan is trading lower against some of its currency rivals midweek. The world’s second-largest economy received a bit of renewed confidence this week as many analysts and investors are optimistic that Beijing could have a strong showing both this week and for the rest of 2019. Is China set to host the running of the bulls again?
Canadian Dollar Weakens on IMF Forecast, Crude Oil
April 9, 2019 at 17:37 Canadian Dollar
The Canadian dollar is weakening on Tuesday after the International Monetary Fund (IMF) published a bearish report on the Canadian economy. The loonie endured additional pressure on tumbling energy prices, which is never good news for a country whose main export is crude oil.
Norwegian Krone Rallies Despite Slowing Economic Growth
April 9, 2019 at 12:49 Norwegian Krone
The Norwegian krone rallied against the US dollar today even as Norway’s economic growth slowed.
Sterling Reverses Gains as MPs Reject May’s Brexit Proposal Again
March 29, 2019 at 19:27 Great Britain Pound
The Great Britain pound was rising initially today but reversed gains after UK Prime Minister Theresa May failed yet again to convince the Parliament to vote for her Brexit plans. There were plenty of economic reports released in the United Kingdom today but they had limited impact on the market as the investors’ attention was focused on the Brexit vote.
Canadian Dollar Rallies on GDP, Energy Prices
March 29, 2019 at 14:52 Canadian Dollar
The Canadian dollar is rallying to finish the trading week, buoyed by economic growth beating market expectations and rising energy prices. Despite the multiple bearish forecasts regarding the loonie’s future, the currency recorded an impressive 2% to 3% gain against its most-traded rivals in the first quarter of 2019.
US Dollar Mixed on Q4 GDP Revision, Weekly Jobless Claims
March 28, 2019 at 20:14 US Dollar
The US dollar is mixed against a basket of currencies towards the end of the trading week. The greenback is making sense of an influx of economic data that paints an interesting portrait of the country: a slowing economy, but a solid labor market.
Euro Falls Almost to 3-Week Lows on Weak German Inflation Data
March 28, 2019 at 17:48 Euro
The euro today fell for the third straight session against the US dollar driven by the risk-off investor sentiment and weak confidence prints released by the European Commission. The EUR/USD currency pair’s fall was further accelerated by the weak German inflation data and the resurgent US dollar, which rose driven by the flight to safety conditions.