Euro is heading a little bit lower, slipping as eurozone data disappoints, and as the Spanish bond auction doesn’t go as well as hoped. After hitting a seven-week high against the US dollar, the 17-nation currency is now pulling back.
December 04th, 2012 at 22:39
The Canadian dollar gained versus its US counterpart and trimmed the losses against the euro and the Japanese yen today after the Bank of Canada left its target overnight rate stable and continued to speak about future interest rate hikes.
December 04th, 2012 at 14:23
Canadian dollar is getting a boost today, rising as Forex traders await the next interest rate announcement from the Bank of Canada.
December 04th, 2012 at 13:58
Forex traders and investors are seeking alpha right now, and that means that the US dollar is headed lower. With risk appetite making an appearance, high beta currencies are preferred to the greenback right now.
December 04th, 2012 at 9:30
The Australian dollar jumped against its US peer and the Japanese yen today after the Reserve Bank of Australia decided to cut its main cash rate to boost economic growth.
December 03rd, 2012 at 13:44
Japanese yen is heading mostly lower today as short positions surge. Right now, expectations are that the yen will tumble in value, and Forex traders are shorting the currency as a result.
December 01st, 2012 at 13:38
This week was marked by ever-changing sentiment as US politicians were making different remarks regarding talks about avoiding the fiscal cliff. As a result, the Canadian dollar ended the week near its opening level against the US dollar and the Japanese yen because losses and gains balanced each other. The euro outperformed the loonie this week.
November 30th, 2012 at 17:48
US dollar is mixed against major currencies today, but its gains against the yen and the pound aren’t helping the dollar index move higher. Instead, the dollar index is slipping on the greenback’s weakness against the euro and the Swiss franc.
November 29th, 2012 at 19:14
The US dollar was weak today amid risk appetite of Forex traders, caused by hopes that the US fiscal cliff can be avoided and Europe will be able to resolve its problems. The currency shows tendency to regain strength as House Speaker John Boehner hurt the market sentiment.
November 29th, 2012 at 14:30
Earlier, fears about the United States going over a fiscal cliff sent the Canadian dollar lower. However, hopes are once again on the rise for an agreement to avoid the fiscal cliff, and that is helping the loonie regain some of its lost ground.