Trade Balance — News Archive

    Archives

Euro Recovers as US-China Trade Talks Are Set to Resume

The euro today recovered from the 14-month lows hit yesterday following the news that trade negotiations between China and the USA are set to resume later this month. The EUR/USD currency pair was also boosted by the release of the latest Eurozone trade balance data in the early European session, which beat expectations.

Sterling Pound Drops on UK GDP Data and US Inflation Report

The Sterling pound today was on a downtrend from the Asian session, but recovered slightly after the release of positive UK GDP data. The GBP/USD currency pair’s decline was further accelerated by the release of upbeat CPI data from the US docket.

NZ Dollar Mixed After Macroeconomic Data & Ahead of RBNZ

The New Zealand dollar was mixed today after decent macroeconomic data and ahead of the central bank’s monetary policy meeting.

Euro Rallies Higher on Market-Wide US Dollar Retracement

The euro today rallied higher against the US dollar following the market-wide selling of the US dollar, which boosted most of its peers. The EUR/USD currency pair rallied higher from the early European session despite the release of mixed data from the German docket.

Widening Trade Surplus Does Not Prevent Aussie’s Drop

Australia’s trade balance increased more than was expected, but that did not prevent the Australian dollar from falling. The likely reason for the currency’s drop was the risk-negative sentiment on the Forex market.

NZ Dollar Holds Ground Despite Surprising Trade Deficit

The New Zealand dollar was firm today despite domestic macroeconomic data that showed a surprise trade deficit.

Euro Rallies on Risk-On Sentiment, Later Declines on US Retail Sales

The euro today rallied higher amid calm global financial markets, which encouraged a risk-on mood among investors boosting the single currency. However, the euro gave up some of its gains against the US dollar following the release of mixed US retail sales data in the early American session.

Euro Rallies Higher Ahead of Mario Draghi Speech, Later Declines

The euro today opened higher against the US dollar following the disappointing US unemployment data released on Friday. The single currency rallied higher ahead of Mario Draghi‘s speech, but later declined due to a resurgence in demand for the US dollar in the American session.

USD/CAD Trades Lower on Disappointing Duo of Employment Reports

The USD/CAD currency pair today headed lower as the Canadian dollar gained against its US counterpart following disappointing jobs reports from both countries. The pair’s decline was further accelerated by the selling pressure on the US dollar following the high US unemployment rate reported.

New Zealand Dollar Falls After Economic Data, Ahead of RBNZ

The New Zealand dollar fell against its most-traded peers today following the mixed macroeconomic reports and ahead of the central bank’s policy meeting.

Navigation

Menu