The Japanese yen was weaker today, falling for the fourth consecutive trading session, as the outlook for economic growth in the United States damped demand for the safety of the Japanese currency.
S&P500 — News Archive
October 11th, 2012 at 19:32
The Canadian dollar rose against safer currencies today, though fell against some riskier ones, as the risk sentiment on the Forex market was positive for the loonie. Canada’s trade balance deficit shrank more than was expected, adding to the appeal of the currency.
October 09th, 2012 at 22:13
The Canadian dollar gained against the euro today as commodities rallied, increasing the attractiveness of the currency. The loonie weakened against the US dollar and the Japanese yen though, as the market sentiment was not very positive today.
October 05th, 2012 at 23:38
The US dollar closed somewhat lower against the euro today as favorable non-farm payrolls spurred a wave of risk appetite across the Forex market. The US currency managed to jump versus the Great Britain pound and retained its gains against the Japanese yen.
August 28th, 2012 at 11:45
The New Zealand dollar fell today after the report showed that profits of Chinese industrial companies declined, adding to signs of global economic slowdown and damping prospects for New Zealand exports.
August 24th, 2012 at 1:49
The Australian dollar fell after global stocks declined and the report showed that China’s manufacturing slowed, causing concerns that demand for country’s exports would wane. The currency suffered from the resulting risk aversion, but there was some good news that may support the Aussie.
August 22nd, 2012 at 2:36
The New Zealand dollar retreated today as traders were afraid that tomorrow’s reports would show that manufacturing has slowed in China and the eurozone. Decline of manufacturing means falling demand for New Zealand’s exports and, as a result, currency.
August 14th, 2012 at 4:33
The Canadian dollar fell yesterday, following the drop of stocks, and remained weak today as concerns for global economic growth return to investors. The currency managed to advance versus the Japanese yen today, even though it has posted losses yesterday.
August 02nd, 2012 at 18:06
The Canadian dollar jumped to the record high against the euro today after the European Central Bank disappointed Forex market participants. The ECB refrained from any serious steps to address the issues of the eurozone. It is not surprising that the loonie gained on the euro, falling versus the US dollar and the Japanese yen at the same time.
July 26th, 2012 at 23:14
The Canadian dollar climbed against the US dollar and the Japanese yen after European Central Bank President Mario Draghi promised that the central bank will support the euro. As one could expect, the euro outperformed the Canadian currency after that promise.