Euro is lower pretty much across the board today, heading down as Forex traders consider policy divergence and whether or not the periphery countries will be able to sustainably move out debt.
July 04th, 2014 at 13:11
The pound may be retreating a bit against some of its counterparts, but sterling is seeing solid support against the euro today. Thanks to the latest round of economic data, pound is gaining against the euro, even though it is down against currencies like the yen and the dollar.
July 03rd, 2014 at 12:56
Euro is struggling today, following the latest decision from the European Central Bank. As expected, interest rates remain where they were set last month. However, some were surprised that ECB policymakers have yet to move on other stimulus measures.
June 27th, 2014 at 13:11
Even though confidence measures show a decline, the euro continues to see modest gains against some of its major counterparts. The world situation continues to support the safety of the yen, but the euro is higher against the dollar and the pound today.
June 26th, 2014 at 18:24
The Great Britain pound gained today as experts speculated that the measures, introduced by the central bank to reduce the number of riskier mortgages, will not derail economic recovery of the United Kingdom.
June 26th, 2014 at 13:03
Euro is heading lower today, after a few days of small gains. Economic comparisons are being made again, and the euro appears to have the short end of the stick.
June 26th, 2014 at 2:54
The Great Britain pound was little changed today. The currency is likely to retain its downside bias after the central bank’s chief shocked the market, suggesting that monetary tightening is not going to happen soon, and UK economic data was not supportive for the sterling.
June 25th, 2014 at 13:23
Questions about how long the euro can remain on top in Forex trading are being raised today as the 18-nation currency continues to hold its own against some of its major counterparts. While the euro is down against the yen, it is higher against the dollar and the pound.
June 24th, 2014 at 17:50
The Great Britain pound dropped today against the majority of most-traded currencies as UK policy makers tempered bets on interest rate hikes in near future by their dovish comments. Market participants, who have thought that central bank will tighten monetary policy soon, were unprepared for this.
June 24th, 2014 at 14:07
Euro continues to hold its own in Forex trading, in spite of recent attempts by the ECB to stimulate the economy by weakening the currency. Poor data out of the eurozone isn’t slowing the euro much. In fact, the 18-nation currency is higher against many of its counterparts.