Japanese yen is lower today as Forex traders look for high yielders as risk appetite improves. Indeed, risk appetite is the story as the Dow surges on holiday shopping news.
November 28th, 2011 at 16:24
November 28th, 2011 at 15:09
US dollar is heading lower on the Forex market today as risk appetite returns. Last week was all about eurozone weakness and sovereign debt struggles. This week is all about holiday shopping.
November 28th, 2011 at 14:16
The New Zealand dollar jumped today against all other most-traded currencies after the nation’s Prime Minister was reelected with his party, spurring hopes that he’ll be able to improve the country’s budget balance.
November 25th, 2011 at 22:29
Risk aversion was the main driver today on the Forex market, as the week came to a close. With risk aversion rising, the Canadian dollar dropped, ending the week on a lower note against the US dollar.
November 25th, 2011 at 21:01
US dollar is heading higher on the Forex market, gaining as traders look for safe haven in the face of more European troubles. This time, it’s a credit rating cut for Belgium.
November 24th, 2011 at 14:57
Great Britain pound may be down against the US dollar today, and down against the Japanese yen, but it is up against the euro. Sterling is lower against the dollar and yen on risk aversion, but, in terms of European currencies, it appears to be taking the safe haven designation.
November 24th, 2011 at 5:08
Japanese yen is gaining against the euro and the pound as eurozone troubles continue. Additionally, the yen is getting a boost as Asian companies cut their earnings outlooks.
November 23rd, 2011 at 23:34
The US dollar rose today as the German bond auction could be considered a disaster, fueling fears of the European debt contagion, while the US economy showed the signs of recovery.
November 23rd, 2011 at 11:17
The New Zealand dollar fell today as the continuing problems in the European Union ensure that risk aversion sentiment remains in place, damping the attractiveness of the currencies related to economic growth.
November 22nd, 2011 at 17:50
The US dollar was rising today, but now declines after the reports showed that the US economic growth were less than previously estimated, but the conditions for the US manufacturers improved.