The euro remained under pressure as continuously bad reports from Europe drive investors away from the region’s assets and make them question if the European Central Bank will act to help the failing economy.
April 24th, 2013 at 13:06
US dollar is trading mixed today, and is mostly rangebound, as Forex traders await developments. There is plenty to consider right now, between speculation of an ECB cut and interest in continued earnings reports.
April 23rd, 2013 at 11:13
The euro dropped today as the manufacturing and service sectors continued to contract in the eurozone, fueling speculations that the European Central Bank will ease its monetary policy.
April 06th, 2013 at 13:00
The Japanese yen demonstrated huge losses this week, dropping to multi-year lows (it fell to the lowest since 2008 against some currencies), as the Bank of Japan pursued aggressive quantitative easing.
April 04th, 2013 at 22:39
The Canadian dollar rose against its US counterpart today even though forecasts for Canadian employment are not particularly good. The currency also surged versus the Japanese yen, reaching the highest level since October 2008, but retreated against the euro.
March 09th, 2013 at 13:10
The US dollar extended its rally for another week. The currency paused its advance versus the euro after the European Central Bank talked about economic recovery, but resumed the rally on the very next day on the better-than-expected non-farm payrolls.
March 08th, 2013 at 4:00
The US dollar fell sharply against the euro yesterday and stayed little changed today. The US currency was flat versus the Great Britain pound, while against the Japanese yen it reached the highest level since August 2009.
March 06th, 2013 at 15:15
Euro continues to struggle, dropping below the 1.30 level against the US dollar today. Concerns about what might be coming are weighing on the 17-nation currency, causing it to lag behind some of its high beta peers.
March 06th, 2013 at 2:32
The Chilean peso advanced on speculations that monetary stimulus in Europe will bolster economic growth of the South American nation, which continues to beat analysts’ forecasts.
March 04th, 2013 at 19:39
The Japanese yen showed resilience even as Haruhiko Kuroda said that the nation’s central bank should take more aggressive actions to spur economic growth and weaken the currency.