Even though eurozone leaders have agreed to a Greek deal, problems remain in the wider eurozone. With focus returning to the long-term for the entire currency region, the euro is heading lower right now.
November 27th, 2012 at 14:01
November 27th, 2012 at 6:00
The Great Britain pound pared yesterday’s losses versus the US dollar and the Japanese yen today after the announcement that Mark Carney, the current Bank of Canada’s Governor, will be the next head of Britain’s central bank.
November 26th, 2012 at 15:20
Japanese yen is heading a bit higher today, gaining as risk aversion sets in and as Forex traders look for a little certainty and stability. Concerns about what’s next in the eurozone, plus the possibility that fiscal cliff talks in the United States will stall, are weighing on risk assets.
November 24th, 2012 at 12:08
The euro gained this week, posting the second consecutive weekly rally and rising to the highest level since April against the Japanese yen. The currency was firm even as Greece failed to convince other eurozone members that it should get another round of a bailout.
November 23rd, 2012 at 15:16
Even though markets are somewhat cautious about next week’s risk events, some of that is fading as risk appetite returns — at least for today. The yen, which had the upper hand in earlier trading, is heading lower now as Forex traders look for higher yields.
November 22nd, 2012 at 6:06
The US dollar was soft at the beginning of today’s trading session on hopes that Greece will receive an aid after all. The positive fundamental data from the United States added to the weakness of the greenback. The currency trimmed its losses though and may yet rebound.
November 21st, 2012 at 15:31
Euro is moving a little bit higher today, gaining ground against the US dollar, even as concerns about the situation in Greece continue to take center stage. Even with the delay, though, the euro is eking out gains as expectations that greater efforts will be made in the future.
November 21st, 2012 at 10:12
The Great Britain pound advanced against the euro today after talks among European Union finance ministers failed, increasing the appeal of the sterling as a refuge from the European crisis. The currency remained weak versus the US dollar.
November 21st, 2012 at 9:54
The New Zealand dollar sank today versus its US counterpart after Japan cut its exports and the meeting of European finance ministers ended without meaningful conclusion. The kiwi, as the New Zealand currency is nicknamed, managed to advance versus the Japanese yen.
November 20th, 2012 at 14:43
Euro is struggling once again, trying to gain the upper hand against the US dollar, as continued concerns about the eurozone crop up. Even though there appears to be a promise of a new bailout for Greece coming, France has been downgraded, and that is causing some worry.