Forex Markets: GBP Falls on Mark Carney SpeechForex

Forex Markets: GBP Falls on Mark Carney Speech

Traders in the forex market sold the British pound after a speech by Bank of England Governor Mark Carney. During…

RBA Cuts Interest Rates, Aussie GainsForex

RBA Cuts Interest Rates, Aussie Gains

The Reserve Bank of Australia decided to cut interest rates to 1 percent. This pushed the Australian dollar up, while…

Yuan Goes High, Yen Goes Low on US-China TruceForex

Yuan Goes High, Yen Goes Low on US-China Truce

The yuan went high and the yen, generally a safe haven currency, went low against the dollar on Monday. Risk…

G20 USDCNY Turns Flat ahead of Trump-Xi G20 MeetingForex

G20 USDCNY Turns Flat ahead of Trump-Xi G20 Meeting

The Chinese yuan moved flatly against the US dollar on Friday in Asia. Traders are keeping close tabs on new…

Forex Markets: Buck Remains Strong Pre-G20 SummitForex

Forex Markets: Buck Remains Strong Pre-G20 Summit

The buck crept up to a one-week high versus the Japanese yen, a safe haven. Concerns pre-G20 in Japan were…

Forex Markets: US Dollar Back in Business, ReboundsForex

Forex Markets: US Dollar Back in Business, Rebounds

The US dollar regained some of its strength on Wednesday after the less-than-dovish comments from Fed Chairman Jerome Powell on…

Dollar Continues to Weaken, Safe Havens RiseForex

Dollar Continues to Weaken, Safe Havens Rise

The dollar continued to weaken on Tuesday while safe haven assets perked up. Prospects of monetary easing by the US…

Mexican: Peso Surges Against the U.S. DollarForex

Mexican: Peso Surges Against the U.S. Dollar

The Mexican peso surged 2 percent versus the dollar on Monday after the United States and Mexico agreed on a…

Yen exchange rate: Dollar Falls to a Three-week LowForex

Yen exchange rate: Dollar Falls to a Three-week Low

The dollar dropped to a three-week low as growing bets on an interest rate cut by the Fed weighed on…

EU Elections: Euro Struggles to Maintain Steady IncreaseForex

EU Elections: Euro Struggles to Maintain Steady Increase

Just hours after the EU elections revealed how pro-EU parties held on to most of the seats limiting the gains…