January 19th, 2012 at 19:05
US dollar is mostly lower today, especially against high beta currencies. Risk appetite is making an appearance, and Forex traders and others are looking for higher yields. There is some optimism about the US economic recovery, as well as hopes for an improved global economic situation.
The Great Britain pound fluctuated against the US dollar and slumped versus the euro today on speculations that the UK central bank will boosts its asset purchase program. The bank left the program and its main interest rates unchanged today.
January 11th, 2012 at 15:53
Japanese yen is gaining against the euro and the pound today, thanks to renewed fears about what’s next for Europe. Yen is lower against the US dollar, though, thanks in part to the re-emergence of the trade deficit in Japan. As long as concerns about Europe, and the banking industry, remain, yen is likely to find some strength against European currencies.
January 11th, 2012 at 14:29
The Great Britain pound went down today after trade balance deficit widened retail price inflation slowed. The sterling also weakened on speculation that the Bank of England will add stimulus.
January 11th, 2012 at 13:27
Earlier, the Canadian dollar was gaining on the demand for riskier assets. Yesterday’s demand for higher yielding assets helped the loonie gain versus its counterparts. However, some of that momentum is being lost right now as a bit of risk aversion sets in.
January 10th, 2012 at 15:42
Risk appetite is making an appearance as investors show optimism through higher stocks. As a result, the US dollar is mostly lower against other majors today. Greenback is lower against the euro, pound and yen today.
January 09th, 2012 at 21:25
The Great Britain pound ticked down against the euro after the leaders of Germany and France have met today in order to find a way out of the dangerous situation with the European debt. The UK currency was higher versus the US dollar and the Japanese yen.
January 09th, 2012 at 16:32
US dollar is edging lower against other major currencies today. Losses aren’t too big, though, since there is still a great deal of uncertainty in the markets right now. A meeting between Nicolas Sarkozy and Angela Merkel is said to have made “progress” toward a euro agreement, but no major announcements were made.
January 05th, 2012 at 14:33
Aussie is down against the US dollar as risk aversion continues today, but up against the euro. Concerns about the eurozone crisis have sharpened, and that has investors and Forex traders alike jumpy about what could be next for the global economy. As a result, the Australian dollar is seeing gains against a weaker euro, but losses against the greenback, which is used as a safe haven.
January 05th, 2012 at 5:23
The Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar.
