The FOMC’s statement yesterday helped strengthen the greenback, which in turn prevented any significant effect on the currency’s performance in today’s trading. This is despite less-than-stellar US data that came out earlier. Read more >>
A number of important reports came out of Europe and the US today, but hardly made a dent on the performance of the EUR/USD pair. Read more >>
The United States released a series of mixed data in today's trading, which included the PPI for September, S&P/Case-Shiller Home Price Indices for August, and Consumer Confidence for October. Read more >>
Find out what is happening in the market this week, October 28 to November 1 in this article. Read more >>
Germany's disappointing IFO data for October dragged down the EUR/USD pair in today's trading. From 104.2, expectations fells to 103.6, which was lower than the expected 104.5. Read more >>
The EUR/USD pair sank in today's trading after a series of disappointing PMI data was released in Europe today. The Eurozone's Marikit Manufacturing PMI for October, for example, was at 51.3, slightly lower than the expected 51.4. Read more >>
The aussie rose against several currencies early in today’s Asian trading after the release of better-than-expected Australian consumer price index (CPI) data for the 3rd quarter. Read more >>
The main driver in today’s trading is likely to be the US Nonfarm Payrolls data for September. The release of the data was delayed due to the two-week impasse in the US government. Read more >>
Last week saw the US government finally end a two-week fiscal impasse that helped boost the greenback. In comparison, however, this week will be a fairly quiet one, with news coming mainly from the UK, Japan, Canada, and Australia. Read more >>
The aussie made a massive rally against the greenback in yesterday's trading as the USD fell across the board. This helped the AUD/USD pair reach 4-month highs at the 0.9600 level. Read more >>