US Federal Reserve »

  • H.S. Borji

    The Canadian dollar declined against its US counterpart Thursday, as new house prices rose less than forecast and the markets shifted their attention to Friday’s employment report. The loonie, as Canada’s currency is called, declined 0.18 percent to 0.9369 US, following two consecutive days of gains. The intraday low was 0.9367 and the high was

  • Forex » Aussie Declines Following RBA Minutes
    June 17, 2014, 17:36 GMT

    The Australian dollar weakened against its US counterpart Tuesday after the minutes from the Reserve Bank of Australia’s latest policy meetings revealed concerns about the recovery efforts and reaffirmed interest rates are likely to remain low for some time. The AUDUSD declined 0.68 percent to 0.9336, its lowest level in a week. The trend line

  • Forex » US Dollar Advances in Low Volume Trade
    June 9, 2014, 15:18 GMT

    The US dollar advanced against a basket of currencies Monday, as strong nonfarm payrolls continued to bolster risk appetite, while the euro weakened due to widening yield differentials. The US dollar index, a weighted average of the greenback’s performance against six major currencies, increased 0.31 percent to 80.66. The index weighs the US dollar’s performance

  • James Boston

    The US Federal Reserve ignored emerging market volatility and pressed ahead with announcing a further $10bn cut to the monthly bond purchase program. Although this move was well anticipated it did little to appease the uncertainty being experienced by the more vulnerable economies around the globe. The Turkish Lira gave up almost all of its