Market News

The Swissy suffered extensive losses this week. But what about the other currencies? How did they fare?

The Federal Reserve’s $4.5 trillion balance sheet is not doing a lot to boost the U.S. economy at this time and trimming it gradually is the right thing to do, Minneapolis Fed President Neel Kashkari said on Friday.

The U.S. dollar was broadly lower on Friday as a combination of uninspiring U.S. economic data and political uncertainty kept traders biased toward the euro and other world currencies.

Gold prices rose to a six-week high on Friday.

Oil ended its strongest week this year with a surge on Friday, built on receding fears of oversupply, as U.S. crude came within striking distance of $50 a barrel for the first time since the end of May.

The S&P 500 slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies.

Stock markets fell worldwide on Friday as results from some big U.S. companies disappointed and tobacco shares dropped, while oil prices had their biggest weekly percentage rise this year.

The U.S. economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment.

The U.S. dollar was broadly lower on Friday as a combination of underwhelming U.S. economic data and political uncertainty kept traders biased toward the euro and other world currencies.

Data in the coming week should confirm the euro zone economy is running hot, although inflation figures could throw cold water on ECB plans to start tightening policy.

The U.S. economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, but persistent sluggish wage gains cast a dark shadow over the growth outlook.

AUD apparently took the brunt of the risk-off vibes and commodities rout. EUR, meanwhile, very likely got a boost from net positive Euro Zone inflation data.

What’s up with commodity-related currencies and why have they making pips rain lately? Here are four possible reasons.

Japan printed tons of economic data today, but the franc saw the most volatility. What’s up with that?!

Japanese household spending hit its highest for two years in June as unemployment fell and job availability reached a 43-year peak.

The dollar dipped against its major peers on Friday, its mild bounce earlier petering out ahead of the second quarter U.S. economic growth data due later in the session.

Asian stock markets sagged on Friday after U.S. tech shares retreated from recent rallies.

The Greenback made a bit of a rebound from its post-FOMC slump as a couple of stronger than expected U.S. reports were printed.

The U.S. dollar rallied on Thursday after solid U.S. economic data, bouncing back from months- and years-long lows plumbed in early trading that followed Wednesday’s Federal Reserve policy statement.

The rosy scene in financial markets might allow U.S. policy-makers to squeeze in another rate hike this year after all.