The Currency analytics
By Julie Binoche
The greenback took a hit Thursday. Currency markets went crazy with the dollar index falling 0.3% to 94.
European Central Bank President Christine Lagarde dropped some pretty big hints about policy changes coming down the pipeline, and that sent the euro flying higher by 0.4% to $1.
The yen got crushed, dropping 0.5% to hit 115.00 per dollar as speculation around the Bank of Japan's ultra-loose monetary policy kept weighing on the currency.
Britain's pound stayed put at $1.3620, basically unchanged from Wednesday's close. The Bank of England's got a big policy meeting coming up and that's keeping traders pretty…
Emerging markets were all over the place Thursday.
Brazil's real jumped 0.6% after their central bank surprised markets with a rate hike announcement that came out of nowhere. But Turkey's lira got hammered again, falling 0.
Oil prices kept messing with currency moves too. Brent crude was trading around $82 per barrel after some decent gains earlier in the week, and that had energy-linked currencies…
U.S. economic data painted a confusing picture Thursday. Jobless claims dropped to their lowest level in two months, which should've been good news for the dollar.
The Federal Reserve's next meeting is what everyone's really watching though. Investors are desperate for clues about where interest rates are headed, especially with inflation…
China's yuan didn't budge much, staying steady at 6.35 per dollar. The People's Bank of China seems determined to keep things stable, which probably reflects their broader…
Geopolitical tensions aren't helping matters either. Ongoing conflicts keep messing with risk sentiment, and traders are staying on edge about global uncertainties that could…
The Australian dollar managed to squeeze out a 0.2% gain to $0.7250 after some solid employment numbers from down under.
Canada's loonie edged higher too, trading at 1.26 per U.S. dollar as rising oil prices provided some tailwind.
Switzerland's franc stayed rock-solid at 0.92 per dollar. The Swiss National Bank isn't changing course anytime soon, and the franc keeps acting like a safe haven while…
Mexico's peso slipped to 20.30 per dollar as inflation worries and potential central bank moves kept weighing on the currency.