The eurozone once again missed estimates for GDP and officials continue to talk about more stimulus. As a result, the euro is once against struggling against many of its major counterparts in Forex trading.
November 13th, 2015 at 15:15
November 12th, 2015 at 15:21
Sluggish economic news is keeping the yen lower in Forex trading on the currency market. With economic news indicating a slow recovery, there is no reason to expect policymakers to quit easing anytime soon, and that could mean more weakness in the yen.
November 12th, 2015 at 14:36
ECB President Mario Draghi has signalled that there is a good chance that policymakers will add stimulus to the eurozone economy in December and that is sending the 19-nation euro down today. Also dropping are commodities.
November 09th, 2015 at 14:43
Euro is eking out gains against the US dollar today, but many are unsure of how long that will last. With policy divergence becoming a bigger expectation, there is speculation that euro could be at parity with the dollar by the end of the year.
November 05th, 2015 at 14:16
Euro is clinging to some earlier gains — but only just. With the ECB due to make a policy announcement and the European Commission making forecasts that expect to see slower growth, many expect the 19-nation currency to slip more against the US dollar.
November 02nd, 2015 at 15:09
Euro is heading higher today, enjoying a rally as the latest news out of the eurozone supports the 19-nation currency. Manufacturing data and the latest comments from ECB President Mario Draghi are providing support.
October 30th, 2015 at 10:55
The Japanese yen climbed against its major rivals today as the Bank of Japan made no changes to monetary policy, refraining from expanding already extensive monetary stimulus.
October 29th, 2015 at 23:49
The Japanese yen was relatively firm against the US dollar today but fell versus the euro and the Great Britain pound ahead of the monetary policy announcement from the Bank of Japan.
October 29th, 2015 at 14:00
Better news out of the eurozone is fueling a rally for the euro today. A surprise increase in confidence is helping the 19-nation currency gain against its counterparts as Forex traders speculate on whether or not the ECB will really need to add stimulus.
October 27th, 2015 at 13:39
Euro is mostly steady today in Forex trading, as many currencies await tomorrow’s policy announcement from the Federal Reserve. Without major data releases for the eurozone today, it’s more about waiting and seeing what’s next with US policy.