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.
July 24th, 2015 at 14:54
July 23rd, 2015 at 13:35
The passage of another round of economic reforms by the Greek parliament is helping the euro today. While some are still concerned about the euro in the long-term, for now the 19-nation currency appears to be shoring up.
July 20th, 2015 at 13:54
Last week was rough for the euro, thanks to the continued drama over Greece, and concerns about what’s next for the euro. This week, the 19-nation currency seems to be ready to start off on better footing and is eking out gains. However, some of those gains may be due mainly to profit taking as Forex traders look to benefit from recent runups by other currencies.
July 16th, 2015 at 9:45
The euro slipped today, extending yesterday’s losses even though the Greek parliament voted in favor of austerity measures required to get the next tranche of a bailout from the European Union.
July 15th, 2015 at 16:15
Euro is losing ground to its major counterparts today as a report from the IMF suggests that the recent agreement reached with Greece won’t actually fix problems and that a new arrangement — likely a true fiscal union — is probably needed moving forward.
July 15th, 2015 at 10:26
The Japanese yen slipped today after the Bank of Japan concluded its policy meeting. While the central bank did not change its monetary policy, it revised economic projections for this year negatively.
July 14th, 2015 at 15:01
Euro is struggling today as Forex traders and analysts mull over the agreement reached with Greece over the weekend. The 19 nation currency is down pretty much across the board since slipping from its earlier gains against the US dollar.
July 13th, 2015 at 14:17
Euro is struggling today after the announcement that a deal has been reached with Greece in order to land another bailout. Even though the deal is supposed to prevent a “Grexit”, the reality is that the “aGreekment” may not actually go through and there are concerns about implementation.
July 11th, 2015 at 0:17
The euro surged on Friday, ending 1 percent higher against the US dollar and more than 2 percent higher versus the Japanese yen. The coming weekend will likely determine the future (or lack thereof) of Greece in the eurozone.
The Japanese yen surged today, jumping more than 1 percent and reaching the highest level in seven weeks against the US dollar and the euro. The trading environment on the Forex market favors safer currencies, and so happens that the yen is one of such currencies.