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Australian Dollar Gains Despite RBA Governor Keeping Neutral Stance

The Australian dollar gained on its most-traded peers today even after Philip Lowe, Reserve Bank of Australia Governor, signaled that he sees no reason for hiking interest rates in the near future.

USD/MXN Rises a Little After Mexican Central Bank Raises Key Rate

The Mexican peso slipped a bit against the US dollar during the American trading session after Mexico’s central bank raised its overnight interbank funding rate.

Pound Rallies Against US Dollar on Hawkish BoE Rate Hold

The British pound today rallied to new highs against the US dollar after the Bank of England held interest rates at the same level. The pound’s rally was largely influenced by the hawkish stance taken by the BoE as it stated that interest rates should rise at a faster rate this year than was previously expected.

NZ Dollar Soft After RBNZ Meeting, Tries to Crawl Back

The New Zealand dollar started the current trading session soft following the monetary policy meeting of the Reserve Bank of New Zealand at the end of the previous session. But the currency managed to trim losses against some rivals by now and erase them outright against others.

AUD Falls After Economic Data & RBA, Moves Away from Day’s Lows

The Australian dollar dropped today following the release of unfavorable macroeconomic reports and continued to move down after the Reserve Bank of Australia made its monetary policy decision. The currency has come off the day’s lows by now, though it is still trading below the opening level.

Euro Rallies Higher Against US Dollar on Mario Draghi Speech

The euro today rallied to new 3-year highs against the US dollar after the European Central Bank left interest rates unchanged. The single currency initially headed lower after the ECB rate decision, but rallied to new highs after Mario Draghi‘s speech at the ECB’s press conference in Frankfurt.

Yen Rises After BoJ Makes No Changes to Monetary Policy

The Japanese yen gained against its main rivals today after the Bank of Japan kept monetary policy without change. Positive macroeconomic data also provided some support, though its impact was subdued.

Krona Gains as Riksbank Signals About Gradual Reduction of Stimulus

The Swedish krona rose today after the nation’s central bank kept its monetary policy unchanged but signaled that it is going to start gradually reduce stimulus in the future.

Pound Rallies on UK Retail Sales and Declines on BoE Decision

The British pound today rallied higher against the US dollar after the release of upbeat UK retail sales data for the month of November. The pound declined significantly from its daily highs after the Bank of England kept interest rates at their current levels as was expected.

USD/CAD Rallies Higher on BoC Rate Decision

The USD/CAD rallied higher by over 100 points after the Bank of Canada released its monetary statement leaving interest rates unchanged at 1.00%. The US dollar rallied against the commodity-linked loonie even as global oil prices traded at daily lows.

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