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Daily Forex Report

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Dollar Steady, Yen Soars on Refreshed Brexit Concerns

The dollar held steady on Wednesday, hovering near a one-week high against a basket of major currencies. The yen soared as investors flock to...

The Pound Falls to Near 31-Year Low, the Aussie Slips and...

The pound fell to a near 31-year low against the dollar on Tuesday following the release of downbeat PMI data out of the U.K....

The Pound Caps Its Worst Quarterly Performance Since 2008

The British pound tumbled on Thursday, capping the currency’s worst quarterly performance since 2008. The dive came after Mark Carney, Bank of England Governor,...

China Willing to Let Yuan Weaken, But Fears Criticism from Trade...

The People’s Bank of China is content with letting the yuan weaken to 6.8 per dollar to support the economy, but that would mean...

Dollar Holds Steady, Yuan Hangs Near Five-Year Low

The greenback held steady on Wednesday against a basket of other currencies as markets continue recovering from Brexit. The pound was slightly higher than the...

Yen’s Rally Takes a Breather, The Pound Gets a Reprieve

3D rendering of US Dollar and Japanese Yen currency exchange with chart background.
The yen’s rally took a pause on Tuesday, as higher-yielding currencies, like the pound and the Australian dollar, climbed higher. Investors are hoping that...

Sterling Plummets to 31-Year Low, Dollar Climbs in Wake of Brexit...

The pound plummeted to a 31-year low against the dollar, while the greenback climbed higher against other major currencies on Monday. Markets are still...

Yen Surges, Pound Plummets to 31-Year Low on Brexit Vote

Economists projected that Thursday evening would be a volatile night for the British pound and other major currencies, as the U.K. counted votes on...

Sterling Rises, Yen Remains Weaker, and Aussie, Kiwi Hit New Highs

The pound climbed to a six-month high against the dollar on Thursday after a new opinion poll showed the Remain campaign was ahead of...

The Dollar Slips, The Pound Extends Its Rally

The dollar was lower against a basket of major currencies on Wednesday, while the British pound extended its rally ahead of the U.K.’s referendum...

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