Currency news: Absolute calm in currencies?
Currency traders are waiting for FED signals.
Currency traders are waiting for FED signals.
The yuan passed a quiet week keeping its value. US dollar won against a portfolio of currencies.
As China’s economy remains stagnant, investors have been looking for a safe currency to invest in. Investors have been finding a safe currency in Swiss franc, but more notably the Japanese yen.
The New Zealand dollar reached a six-month high against the GBP as investors leave out expectations for a hike in UK interest rates.
The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It went up by 0.2% on December 18, 2015. The currency pair rose by 1.1% on the previous day. The currency is on the way to have one of the worst years.