Euro has been enjoying a run of relative strength in recent days, and today is no different. Evidence that maybe the ECB didn’t need to be quite so aggressive with quantitative easing, as well as better feelings about the Greece situation, have been supporting the 19-nation currency.
May 06th, 2015 at 10:22
Japanese yen is mostly lower today as traders await data. The currency has been gaining against the US dollar, but those gains are now a little bit limited, and things could be turning around for the USD/JPY pair.
May 05th, 2015 at 10:25
Even though the outlook for the eurozone is improving, the euro is mostly lower against its counterparts today. The 19-nation currency is pulling back in Forex trading, but there might be some strength there if economic improvement continues and if progress can be made with Greece.
April 29th, 2015 at 10:36
Euro is struggling against its major counterparts today as Forex traders wait for news out of the United States. Many are waiting to see what the Federal Reserve will announce about policy going forward, as well as weighing recent events in the eurozone.
April 28th, 2015 at 11:21
New hopes for a way for Greece to find the money it needs to keep going — and remain part of the eurozone — are boosting the euro today. The 19-nation currency is near a three-week high against the US dollar, and gaining ground against other major counterparts as well.
April 28th, 2015 at 11:04
Fitch Ratings downgraded Japan’s sovereign credit rating yesterday. Despite the negative news, the Japanese yen is trying to rally against the US dollar today. Against other major currencies, like the euro and the Great Britain pound, the yen is weak.
April 28th, 2015 at 0:46
The euro attempted to rally against the US dollar on Monday but did not follow through with the rally on Tuesday. The shared eurozone currency also gained on the Japanese yen but fell against most other major counterparts.
April 27th, 2015 at 10:54
Japanese yen is trading mixed against its major counterparts today as Forex traders continue to process the Bank of Japan announcement from the end of last week. Yen is higher against European currencies, but lower against the US dollar.
April 25th, 2015 at 1:51
The euro ended the Friday’s trading session higher against the US dollar but lower against some other most-traded currencies, including the Great Britain pound and the Japanese yen.
April 23rd, 2015 at 11:46
Euro is faltering a bit after the recent release of PMI data, but the 19-nation currency is still mostly higher right now. Concerns about the state of the eurozone recovery could undermine the euro in the coming days, however.