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Euro was up 0.41% against the United States Dollar, down -0.49% against the British Pound Sterling, up 0.27% against the Swiss Franc, down -0.36% against the Australian Dollar, down -0.77% against the Canadian Dollar and up 0.44% against the Indian Rupee. EUR 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month EUR... View article >
USDCAD broke below 1.3100 in early New York trading, reaching a low of 1.3085. (so far) Overnight, USDCAD bounced from 1.3150 to 1.3195 following the weekly API crude report. A tiny increase in inventories (0.85 m/b) led to the out-sized rally, which was more a factor of thin markets than anything else. Bank of Canada... View article >
Sterling GBP/USD 1 Week Chart With the Bank of England’s (BoE) latest financial stability report having little impact on currency markets, movement in the Pound (GBP) yesterday was largely driven by its peers. There were a few points worth focusing on in the BoE’s report however as the bank warned against the rise in consumer... View article >
NZD/USD climbed yesterday to highs not seen since early February but gave back all gains prior to the end of the New York session, and to the surprise of many finished down on the day. In the absence of any New Zealand-specific data or news, the rapid rise and sudden decline in the kiwi can... View article >
Euro was up 1.47% against the United States Dollar, up 0.64% against the British Pound Sterling, up 0.17% against the Swiss Franc, up 1.42% against the Australian Dollar, up 0.92% against the Canadian Dollar and up 1.49% against the Indian Rupee. EUR 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month EUR... View article >
Draghi came from Brussels, it’s not in F L A Flew first-class to Sintra, which isn’t in the USA Plucked his feather on the way Then the dove was a hawk He said “hey babe take a walk on the hawkish side:” (Apologies to Lou Reed) EURUSD roared to life in Europe, rising from 1.1182... View article >
Sterling GBP/USD 1 Week Chart The Pound (GBP) found little in the way of lasting gains on Monday despite the DUP finally agreeing to a deal with the Tories after two weeks of negotiations. While Theresa May will now have the support she needs to effectively rule in a minority government, markets remain wary of... View article >
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