The US dollar performed rather well during the first session of the current trading week, undeterred by some negative economic reports from the United States. The currency kept yesterday’s gains today.
August 18th, 2015 at 2:19
August 17th, 2015 at 16:28
Today’s economic data was rather detrimental to the Japanese currency, showing a decline of Japan’s economy, and the yen fell against the US dollar and versus some other currencies as a result. At the same time, the yen gained on few major rivals, including the euro.
August 17th, 2015 at 14:45
The economic outlook for the eurozone is dragging on the euro today, bringing it lower as concerns about what’s next for the 19-nation currency region continue.
August 10th, 2015 at 13:38
Expectations for more stimulus from the Bank of Japan are leading to more yen weakness today. With energy prices continuing to show weakness, BOJ policymakers are expected to keep attempting to stimulate the economy, and that means a lower yen.
August 04th, 2015 at 13:14
Right now, the euro is higher against the US dollar in Forex trading. However, the gains are relatively modest, and there is the possibility that the euro will sell off later this week if US data comes in strong. Expectations of a rate hike in the United States persist, and the euro is still struggling with the Greek crisis.
July 30th, 2015 at 16:56
The euro was in rout today after a report that the International Monetary Fund will not participate in the third round of the bailout for Greece. Prospects for monetary tightening in the United States put additional pressure on the euro, as well as on other currencies.
July 28th, 2015 at 14:53
Once again, Greece is weighing on the euro. German advisers are talking about creating an insolvency process that would allow for a country’s exit from the 19-nation currency region if that country is threatening the eurozone. The news is contributing to the euro’s struggles today.
July 27th, 2015 at 16:55
The Japanese yen demonstrated mixed performance today. The currency gained on the US dollar, fell versus the euro and was flat against the Great Britain pound after rallying earlier.
July 27th, 2015 at 10:28
The euro rallied today after the release of the German business climate index that was better than analysts’ expectations, suggesting that things have improved in the eurozone after the seemingly successful resolution of the Greek crisis.
July 24th, 2015 at 14:54
Today’s economic data released from Japan was very good, in contrast to reports released from other parts of the world. This allowed the Japanese yen to gain on its major peers.