Japanese yen is weaker against high beta currencies today as risk appetite makes its appearance. Since it is not needed as a safe haven right now, the yen is slipping — and that is probably just what Japanese officials want to see.
August 21st, 2012 at 13:37
US dollar is weakening today as risk appetite makes an appearance. Hope that the European Central Bank is about to do something serious to contain the sovereign debt crisis is boosting other majors against the US dollar today.
August 21st, 2012 at 3:39
The Australian dollar advanced today after the Reserve Bank of Australia released the minutes of its last monetary policy meeting, signaling that the domestic economic growth may offset the negative influence from outside of Australia.
August 21st, 2012 at 1:50
The Canadian dollar fluctuated as the mixed news from Europe made traders uncertain and confused. The summer trading is nearing to its end and the Forex market should soon become more vibrant, but for now trading remains sluggish as there is no major news to move currencies.
August 20th, 2012 at 13:06
Aussie is higher today, gaining against the US dollar ahead of tomorrow’s statement from the Reserve Bank of Australia. There is interest in what RBA officials will say, since there are expectations that an interest rate cut could be on the way.
August 17th, 2012 at 23:55
The Canadian closed lower against its US peer, following three days of gains, and also weakened versus the euro today after Statistics Canada reported that monthly inflation fell unexpectedly last month. The news triggered sell-off of the Canadian currency.
August 17th, 2012 at 14:10
US dollar is higher today, gaining on continued concerns about the situation in Europe, as well as better economic data in the United States. Greenback is gaining as speculation about a Greek exit from the eurozone is speculated on, and as the latest consumer sentiment numbers are released.
August 17th, 2012 at 11:51
The Australian dollar slumped today after the Australian Treasury voiced concern about the strength of the currency and signaled that the central bank may ease its monetary policy further in order to contain the Aussie’s appreciation.
August 17th, 2012 at 1:22
The New Zealand dollar rose against the US dollar and the Japanese yen yesterday and maintained its gains today as the rally of commodities improved outlook for New Zealand exports, meaning that the currency will be in demand.
August 16th, 2012 at 14:00
Risk appetite is making a somewhat cautious appearance on the markets today. Equities in Europe and the United States are mostly higher, and there is optimism regarding the ECB’s inevitable moves to stave up complete collapse in the eurozone. As a result, the US dollar is moving a little lower today.