October 24th, 2011 at 23:13
The Australian dollar advanced today as traders threw out doubts and were ready to take a riskier course. Earlier Forex market participants felt uncertainty caused by the unclear outcome of the EU summit, but it seems they decided to look at the current plans of the European leader in the positive light.
October 24th, 2011 at 17:04
The Great Britain pound is grinding higher against the US dollar today, thanks to increased risk appetite, and expectations for a European deal by Wednesday. However, things might not remain so rosy for the UK pound going forward.
October 24th, 2011 at 15:28
Canadian dollar is getting a boost today, rising against the US dollar on optimism about what’s next for the eurozone. With the expectation of a deal announced by EU leaders on Wednesday, the Forex market is showing a return to risk — at least for now.
October 24th, 2011 at 14:14
The summit of the European Union leaders ended without a clear outcome. Some progress was made, though, and the US dollar fell as demand for safety waned. The greenback still hangs near its opening level against most currencies.
October 24th, 2011 at 13:06
The euro started the week rallying, but the doubts, that remained even after the European Union summit, caused the rally to fail and the currency hangs now barely above the opening level above the greenback and below the opening versus the yen.
October 22nd, 2011 at 16:07
The euro declined against most majors this week even though it looked at first the persisting optimism from the previous week would carry the currency even higher. The concerns returned and dragged the euro down.
October 22nd, 2011 at 4:57
With all the uncertainty about the outcome of the coming European Union summit Forex traders remembered that the Swiss franc was considered a safe currency and flocked to the Swissie in search of a refuge from the market volatility.
October 21st, 2011 at 16:47
Yesterday, the Japanese yen moved lower in Forex trading. Today, though, there has been a bit of a reversal. Now the yen is surging against its major counterparts, heading suddenly higher.
October 21st, 2011 at 15:26
The Great Britain pound jumped against the US dollar today after the report showed the nation’s budget deficit shrank more than expected. The performance of the sterling against the Japanese yen wasn’t so good as the confidence of the British consumers unexpectedly worsened.
October 21st, 2011 at 15:03
Euro is higher against the US dollar today, getting a boost from another round of optimism about a solution to the sovereign debt crisis. So far, euro has hit a high just for today at 1.3901, before dropping back a bit.
