On Tuesday the Australian dollar rose, as the Reserve Bank of Australia held the cash rate steady at 2.25%, a record low, but signalled it might move to cut further to spur growth...
Although there has been much press recently about the US Dollar loosing its status, there is no doubt that as of this lesson and most likely for the foreseeable future, the US Dollar still reigns supreme over all other currencies of the world...
On Monday the greenback was almost unchanged against its Canadian counterpart, as disappointing U.S. personal spending data weighed, though a weak report on Canada's current account dented demand for the loonie...
On Monday Bitcoin prices slid into the red territory, after hitting a two-week high earlier in the session...
On Monday the British currency rose versus its US counterpart, after new data indicated that UK manufacturing activity expanded at the fastest rate in seven months in February. At the same time, demand for the greenback was underpinned after Friday's US growth report...
On Monday the New Zealand dollar fell against its U.S. peer, as demand for the latter remained strong after the release of Friday's upbeat U.S. economic growth data...
Behind central banks in terms of size and ability to move the foreign exchange market are the banks which we learned about in our previous lessons which make up the Interbank market...
When more people want a particular currency, the cost of the currency in terms of other currencies will go up. When demand decreases or people do not want to hold a country’s currency, the value will go down...
From Callum Newman in Albert Park: ‘Greece secured a four-month extension of its financial rescue when its eurozone partners approved a reform plan that backed down on key leftists measures and promised that spending to alleviate social distress would not derail its budget...
On Friday the greenback slipped against its Canadian counterpart, as demand for the US dollar was dampened after data showed that the U.S. economy grew less-than-expected in the last quarter...
The study was part of the central bank’s One Bank Research Agenda, a report that investigates the current central polices and their interaction with the ever-changing international polices, regulations, market structures, and none the least, the fundamental technologies...
The common currency climbed against its US counterpart on Friday, underpinned by positive French and Spanish data, while markets were anticipating the release of highly-anticipated U.S. economic reports due later in the day...
The bank, which declined to comment on the identity of the workers, said today: "We can confirm that two members of staff have been suspended as part of the on-going FX investigation at the bank...
New Hampshire representative Eric Schelen recently proposed the inclusion of Bitcoin for state tax purposes...
On Thursday the single currency slipped lower against its US counterpart, as demand for the latter slightly strengthened ahead of a string of U.S. economic reports...
On Thursday the New Zealand dollar rose against greenback, to trade close to a one-month high after the release of strong New Zealand trade balance data...
The dollar was broadly lower against a basket of other major currencies on Wednesday after Federal Reserve Chair Janet Yellen appeared to indicate that the bank is in no hurry to raise interest rates...
On Wednesday the pound climbed to nearly two-month highs against the greenback, after data showed that last month U.K. mortgage approvals rose more-than-expected, while comments by Federal Reserve Chair Janet Yellen put the U.S. dollar under the pressure...
On Wednesday the kiwi dollar climbed against its U.S. counterpart on Wednesday, to trade close to a one-month high as remarks by Fed Chair Janet Yellen weighed heavily on demand for the greenback...
