Following the FOMC’s policy announcement, in which it pledged to adjust fiscal policy to meet...
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Canadian Dollar to US Dollar (CAD/USD) Exchange Rate – ‘Loonie’ Holding Steady Ahead of Fed Announcement
Yesterday the ‘Loonie’ was able to climb to the strongest level recorded against the US...
South African Rand (ZAR) Exchange Rate News – ZAR/USD Softens Slightly as Prospect of Stimulus Inspires Movement
The Rand was able to strengthen against its US counterpart yesterday after a report showed...
Pound to US Dollar (GBP/USD) Exchange Rate – Sterling Close to 3-Month High Against Dollar as UK Manufacturing Stabilises
The latest figures from Markit/CIPS have shown that although UK manufacturing contracted in April, it...
Japanese Yen to US Dollar Exchange Rate – JPY/USD Gains as Dollar Drops Ahead of FOMC Announcement
With the two-day meeting of the Federal Reserve Open Market Committee beginning in just a...
South African Rand (ZAR) Exchange Rate – ZAR/USD 2.5% Stronger than a Week Ago as South African Deficit Narrows
With economists forecasting that South Africa’s trade deficit narrowed in March bond yields fell to...
Canadian Dollar to US Dollar Exchange Rate – CAD/USD gains on better-than-expected Canadian Growth
Prior to the release of Canadian GDP figures the ‘Loonie’ fell against the US Dollar....
Pound Sterling to US Dollar Exchange Rate – GBP/USD In Region of 2-Month High Despite Dip in UK Consumer Confidence
Although UK consumer confidence unexpectedly declined this month, largely due to above-target inflation increasing pressure...
Australian Dollar to US Dollar (AUD/USD) Exchange Rate – ‘Aussie’ Touches Two-Week High Ahead of FOMC Meeting
With the Federal Reserve Open Market Committee due to begin its two-day policy meeting tomorrow,...
South African Rand (ZAR) Exchange Rate – ZAR/USD Strengthens to Two-Week High Ahead of Trade Balance Data
Ahead of tomorrow’s trade balance figures for South Africa the commodity driven Rand strengthened to...