Forex News

Aussie Down on concerns over high debt-GDP ratio of China

Political uncertainty in Europe due to the upcoming elections in France, steep rise in the price of iron ore, and…

9 years ago

Yellen’s optimistic view of US economy boosts Greenback

The US dollar fell broadly against all the major currencies, including the Swiss Franc, in January. The Greenback was hammered…

9 years ago

Fall in crude prices keep the Canadian dollar weak

The Canadian dollar had a piggyback ride on the US dollar and remained strong against most of its rivals, including…

9 years ago

Rise in inflation rate strengthens Canadian dollar

Lower than expected inflation rate, rise in unemployment and Trump’s plan to renegotiate the NAFTA agreement kept the Canadian dollar…

9 years ago

Aussie signals downtrend on decline in consumer prices

The AUD/USD rally, which began in the last week of December 2016, took the pair to a high of 0.7608…

10 years ago

Aussie remains weak on falling coking coal prices

The annual Financial Times report for 2017, prepared on the basis of a survey conducted among economists tracking developments in…

10 years ago

Soft retail sales data turns Aussie weak

Last month, the Australian dollar hardly reacted to the news of 0.5% economic contraction in the third-quarter of 2016. Analysts…

10 years ago

Pound remains bullish on strong manufacturing PMI data

The talk of hard-Brexit pushed the Pound lower against major currencies in mid-December. The FOMC’s statement pointing out a possibility…

10 years ago

Loonie gains ahead of OPEC, non-OPEC production cuts

Earlier this week, the Statistics Canada reported a 0.3% m-o-m economic contraction in October. The news comes after four consecutive…

10 years ago

Kiwi dollar weakens on fall in dairy prices

The interest rate cut announced by the Reserve Bank of New Zealand, in November, did not have the intended effect…

10 years ago