Trade Balance — News Archive

    Archives

Euro Rallies to 2-Week Highs on Positive Sentiment, Later Drops

The euro today extended last week’s gains against the US dollar driven largely by positive investor sentiment given the lack of major releases from the European docket. The EUR/USD currency pair rallied to 2-week highs in the mid-European session before dropping lower as investors became wary of current geopolitical conditions.

Euro Mixed, Capped by Disappointing German Data

The euro was mixed today, falling against commodity currencies, trading flat against the US dollar and the Japanese yen, while posting big gains versus the Swiss franc. Market analysts attributed such behavior to the risk-on mode of markets. Macroeconomic data released over the session in Germany was disappointing, preventing the currency pair from going higher.

Aussie Rallies on Near-Record Trade Surplus, Retreats Later

The Australian dollar rallied today due to the unexpected increase of the trade surplus. The currency has lost gains against some of its rivals by now, while keeping them versus others.

Canadian Dollar Falls After Dovish BoC Rate Decision and Statement

The Canadian dollar today fell drastically against its US counterpart following the Bank of Canada‘s dovish interest rate decision. The USD/CAD currency pair today rallied to new 2-month highs following the BoC’s cautious statement in the early North American session.

NZ Dollar Weak amid Risk Aversion, Mixed Data

The New Zealand dollar fell on Thursday amid risk aversion and mixed macroeconomic reports.

NZ Dollar Falls on Risk Aversion, Trade Deficit

The New Zealand dollar traded lower today amid mild risk aversion on the Forex market. Worse-than-expected domestic macroeconomic data was not helping either.

Swiss Franc Flat vs. Majors, Gains on Yen & Commodity Currencies

The Swiss franc was flat against most major currencies, with the exception of the Japanese yen, after the release of a trade balance report in Switzerland today. Risk aversion helped the Swissie to gain on commodity currencies.

Australian Dollar Retreats After Rising on China’s Trade Data

The Australian dollar was trading strong at the beginning of the Thursday’s trading session, though it has retreated by now. The rally was a result of positive macroeconomic data in China — Australia’s biggest trading partner.

US Dollar Rallies on Sino-US Trade Talks Optimism & Good US Data

The US dollar rallied against most other currencies today. The major reasons for the rally were positive macroeconomic data released in the United States on Wednesday and optimism about the trade talks between the USA and China.

Aussie Rallies as RBA Statement Doesn’t Show Dovish Stance

The Australian dollar rallied today after the monetary policy statement of the Reserve Bank of Australia. While analysts had expected the central bank to demonstrate extremely dovish stance, the actual statement was considered to be either neutral or even slightly hawkish.

Navigation

Menu