Australia stocks were lower after the close on Wednesday, as losses in the Metals & Mining, Materials and Consumer Staples sectors led shares lower. The S&P/ASX 200 fell 0.54% at the close in Sydney. AUD/USD was up 0.07% to 0.7822, while AUD/JPY rose 0.01% to 93.59...
On Tuesday the euro fell to one-month lows against the greenback, as jitters ahead of the European Central Bank's monthly policy meeting overshadowed strong economic reports from Spain and Germany released earlier Tuesday...
On Tuesday the pound sterling was steady against the U.S. dollar, after data indicated that in February U.K. construction sector activity expanded at a faster rate than expected...
In February, BullionVault’s Gold Investor Index climbed from a five-year low to 54.5 — its highest level in 22 months and its fastest growth since April of 2013...
On Tuesday gold held steady, as market players continued to monitor the movements of the dollar and reflect on the timing of the first U.S. rate hike...
On Tuesday the kiwi dollar was higher against its U.S. peer, as demand for the greenback declined after Monday's upbeat U.S. economic reports sparked expectations for a rate hike in the near future...
On Tuesday stock markets in Asia were mostly lower, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs...
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...
Gold held near a two-week high on Monday, as traders continued to monitor the direction of the dollar while digesting the latest spate of U.S. economic data in their quest to gauge the metal’s appeal...
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...
Oil dropped more than 1 percent on Monday, with Brent slipping to around $62 a barrel, depressed by a stronger dollar and a rise in Libyan crude output...
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...
On Monday shares in China traded higher after the People's Bank of China (PBOC) unexpectedly cut interest rates at the weekend for the second time since November. The move is considered to be aimed at repelling deflation...
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...
