Euro Falls vs. Dollar, Resilient vs. Other Majors

With debt issues of Greece and quantitative easing from the European Central Bank, the euro had plenty of reasons to drop and it did so against the US dollar. Surprisingly enough, the currency moved sideways against the Great Britain pound and even gained on the Japanese yen.

Dollar Has Bullish Setup Ahead of NFP

The US dollar has been in a corrective mode lately but was attempting to renew its rally for the last several trading sessions. Is this a sign of resumption of a bullish trend or just a noise on the market?

Yen Falls with Japan’s Industrial Production

Japan’s industrial production declined last month, resulting in a drop of the Japanese yen during the current trading session. The yen fell against the US dollar and even against the euro, though it fared better versus other currencies.

Australian Dollar Gets Beaten by US Currency

Commodity currencies were on the back foot today as the US dollar continued to fight for dominance on the Forex market. The Australian currency was among losers falling for the fourth straight trading session against its US peer and the Japanese yen.

Dollar Fights Downside Pressure

The US dollar was in the corrective mode lately following the earlier impressive rally. Still, the currency was trying to fight back over the past trading week with some success as its losses against the euro and the Japanese yen were not as big as during the preceding week. In fact by the weekend, the greenback managed to log small gains against many currencies, including the Great Britain pound.

Euro Ends Session Almost Flat After Volatile Trading

The euro ended Friday virtually flat against the US dollar and the Japanese yen while against the Great Britain pound the currency closed below the opening level but trimmed most of the daily loss.

Dollar Falls, Heads to Weekly Losses

The US dollar fell today following disappointing macroeconomic reports from the United States. The losses were very limited but the greenback was still set to be one of the weakest currencies on the Forex market over the past week.

Aussie Mostly Lower as Gold Prices Drop

Australian dollar is mostly lower today, falling against its major counterparts, as risk appetite flees and gold prices drop. Aussie isn’t expected to improve much in the coming weeks, either. There is a lot weighing on the Aussie right now.

Euro Loses Weekly Gains

The euro sank today, losing most of its weekly gains versus the US dollar and erasing the weekly rally against the Japanese yen completely. The currency fell even though macroeconomic news from Germany was positive.

Dollar Attempts Recovery

The US dollar is attempting to stage a recovery during the Thursday’s trading session. For a change, news from the United States was positive, allowing the currency to regain some of its strength.

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