Greece is once again in the spotlight, and the euro has touched a one-month low against the US dollar today as concerns about Greek debt once again come to the front of mind.
May 25th, 2015 at 16:17
The Japanese yen was flat against the US dollar and gained on the euro after trade data from Japan had been released. Initially, the currency weakened against the greenback following the release but bounced later and is trading close to the opening level right now.
May 25th, 2015 at 13:56
The Spanish election results are rolling in, and the news is of upsets. Concerns about a Greece-style situation in Spain are dragging on the euro as a result.
May 21st, 2015 at 23:10
The euro demonstrated no particular bias against the US dollar and the Japanese yen as traders focused on the European Union summit in Latvia. The shared 19-nation currency demonstrated sizable losses against the Great Britain pound.
May 20th, 2015 at 10:49
Japanese yen is holding steady today, remaining mostly weak against its major counterparts. Thanks to a weak yen, GDP and company profits in Japan are showing improvement.
May 19th, 2015 at 22:08
The euro dropped today against its major rivals due to a report that the European Central Bank will expand its bond purchases. Poor economic data from Germany also drove the shared 19-nation currency down.
May 18th, 2015 at 10:42
Euro is slipping today, losing ground after a rally earlier in the session. This happened toward the end of last week as well. After a strong run, the 19-nation currency is starting to show signs of weakness.
May 15th, 2015 at 12:56
The Japanese yen fell today as Japan’s producer prices dropped in April from a year ago, highlighting the problems that the central bank has in its battle with deflation. The currency trimmed its gains against some majors and actually gained against the euro but maintained losses versus the US dollar.
May 15th, 2015 at 11:03
Euro has moved lower today, but the 19-nation currency is still poised for weekly gains. The rise in German Bund yields has stalled, and Forex traders are taking this opportunity to take profits and consolidate.
May 14th, 2015 at 11:11
Bond yields in the eurozone continue to surge, and that is helping the euro right now. The 19-nation currency is heading higher against the US dollar and some of its other counterparts as yields and economic news provide support.