January 31st, 2012 at 14:30
Cautious optimism has returned to the markets today, bringing risk appetite and sending the US dollar lower against other major currencies. Corporate earnings are encouraging once again, and most of the European Union countries signed on to a treaty requiring tougher fiscal rules. The result is that many investors and Forex traders are feeling more optimistic about what’s next for the global economy, and that means the US dollar isn’t needed [...]
January 31st, 2012 at 10:17
The euro rose today as speculation that Greece is making progress in convincing creditors to reduce the nation’s debt improved market sentiment and eased pessimism about the euro.
January 30th, 2012 at 14:17
US dollar is rising as Greece once again takes center stage in the world markets. Greenback is gaining as concerns about what’s next for Greece — and the eurozone — weighs on risk currencies, especially the euro.
January 27th, 2012 at 15:26
Euro is managing to hold to most gains made earlier today, thanks to a bit of hope out of Greece, and disappointing economic data. However, some of the euro’s early gains have been pared, and risk aversion could overpower the 17-nation currency, and send it lower.
January 27th, 2012 at 14:22
US dollar remains lower on the Forex market, dropping as economic conditions continue to exert downward pressure. Greenback is lower as the latest news comes in about the GDP, and as Forex traders continue to weigh the latest statements from policymakers in the United States.
January 27th, 2012 at 5:34
The euro erased its yesterday’s gains against the US dollar and was flat today as Greece struggles to reach an agreement with creditors on a debt reduction. The currency fell versus the Japanese yen yesterday and continued to fall today.
January 25th, 2012 at 15:51
Greenback is gaining today on the Forex market as risk aversion rises. Uncertainty over what’s next for Greece, and how it will affect the eurozone, is pressuring the euro and helping the US dollar. Additionally, many Forex traders and investors are waiting for the latest policy announcement from the Federal Open Market Committee.
January 25th, 2012 at 14:27
German business sentiment beat expectations for a third month in a row, but the good news has been overwhelmed by disappointment over developments in Greece. The latest in the Greek debt saga has Forex traders worried about what’s next, and that is dragging the euro lower, in spite of other news that is favorable to risk appetite.
January 24th, 2012 at 16:29
Forex traders are looking for a little direction today, and, as a result, the US dollar is mixed. Greenback is higher against the euro, thanks to fresh concerns about the Greek debt situation, but lower against the Great Britain pound. With Fed heading into a two-day meeting, many are waiting to see what policy announcements will be made.
January 24th, 2012 at 15:19
Greece faded from the spotlight for a little while, but the erstwhile country is back on center stage as debt talks once again look to be on the verge of collapse. As a result of uncertainty in Greece, and due to other issues in the eurozone, it is little surprise that the euro’s recent rally has lost momentum.
