April 18th, 2012 at 14:27
Japanese yen is heading lower today, dropping against other majors as rumors swirl regarding the possibility of further economic stimulus. The idea that more easing for the yen could be coming is weakening the currency against the dollar and the euro.
The Japanese yen gained for the second week as risk aversion sentiment prevailed on the Forex market, while the Bank of Japan refrained from easing its monetary policy despite its promises.
April 13th, 2012 at 22:34
The euro fell today as Spanish borrowing costs rose, but the European Central Bank signaled that it’s not going to buy nation’s debt, spurring talks that the debt crisis may spread to Spain.
April 12th, 2012 at 14:58
Euro is gaining today, even though concerns remain about Spain and other countries in the eurozone with high amounts of sovereign debt. Continued worries about the eurozone are not enough to keep the euro down as Forex traders show disappointment with US dollar policy.
April 11th, 2012 at 6:28
The Japanese yen climbed to the highest level in more than a month today before retreating a little as Forex market participants feel uncertain as borrowing costs in European nations rise.
April 09th, 2012 at 13:16
Euro is pulling back today as concerns about sovereign debt continue to dominate the conversation about the eurozone. Additionally, general risk aversion concerning the state of the global economy is weighing on the euro.
April 09th, 2012 at 13:12
The Japanese yen advanced today after Japan posted trade balance surplus in February and as concerns about the possible North Korean rocket launch increased demand for the yen as a safe haven.
April 06th, 2012 at 14:59
Euro is mixed today, dropping against the UK pound, but rising against the US dollar. The economic news today is offering a little uncertainty, and resulting in a degree of choppiness in trading.
April 05th, 2012 at 13:49
As concerns about the Spanish debt situation continue, and as worries about what’s next for the eurozone resurface, the euro is heading lower. The 17-nation currency is struggling against other major currencies today.
April 04th, 2012 at 13:40
Japanese yen is rallying against other majors today as risk aversion in the markets prompts an interest in safe haven. The yen is prized for its stability, even though it is a low yielding currency. Concerns about the eurozone are a big part of the uncertainty right now.
