Author: Irit Rutenberg

By ForexMansion.com   The New Zealand dollar continues its downside movement against its U.S. counterpart, as the investors cut their bets for the Reserve Bank of New Zealand to increase interest rates during the first half...

By ForexMansion.com   The Australian dollar declined for a second day versus the greenback on concern Europe’s debt crisis is worsening. The AUD/USD moved south as Aussie declined for the fourth day against the yen on...

By ForexMansion.com   The AUD/NZD pair traded higher since the beginning of the week, as the pair is trying to cover some of its losses recorded last week. The Australian and New Zealand dollars dropped against the U.S....

By ForexMansion.com   The USD/JPY pair dropped heavily since the beginning of the week, as equities strong slide and risk averse dominated the market. The Japanese currency was bolstered against major currencies on haven...

By ForexMansion.com   Amid the absence of data from the Swiss economy, the pair’s movements will probably depend on the US data due today. As of 14:00 GMT, the US will release existing home sales for the month of...

By ForexMansion.com   The main highlight today will be on BoE minutes for April’s rate decision which included no change in monetary policy as policy makers opted to leave both interest rate and APF steady at 0.50%...

By ForexMansion.com   The market sentiment took a turn to positive on Tuesday and with it the EUR/USD turned higher. The euro was bolstered by the quickening expansion in the German and euro area manufacturing sector,...

By ForexMansion.com   The USD/CAD pair dropped heavily on Tuesday after official data from Canada showed that inflationary pressures mounted in March, where headline and core CPI rose well above expectations, which ignited...