Euro is gaining today as the latest Spanish auction is considered a success. There is optimism about what’s next for the eurozone right now, and that is translating into gains for the euro, which some think could rise to the 1.3400 level against the US dollar fairly soon.
January 15th, 2013 at 15:43
Euro managed to firm against the US dollar earlier in trading, but now the euro is lower in general as concerns about the global economy come into focus and as risk assets lose their attractiveness.
December 06th, 2012 at 14:01
Even though the European Central Bank kept rates on hold for now, there are still concerns about the future. With the eurozone economy moving sluggishly, and the sovereign debt saga far from over, there are worries that the ECB will have no choice but to cut rates in the future.
December 05th, 2012 at 13:58
Euro is heading a little bit lower, slipping as eurozone data disappoints, and as the Spanish bond auction doesn’t go as well as hoped. After hitting a seven-week high against the US dollar, the 17-nation currency is now pulling back.
December 04th, 2012 at 10:34
The euro climbed against the US dollar today on optimism for the Greek bond-buyback program and the macroeconomic data, which was better than expected. At the same time, the shared 17-nation currency fell versus the Japanese yen.
October 31st, 2012 at 13:25
Euro is getting a boost today on improved risk appetite. Even though the situation in the eurozone continues to be one of uncertainty and economic difficulty, the euro is gaining ground today.
October 29th, 2012 at 13:24
Euro is mostly lower in Forex trading today, pulling back as uncertainty — particularly about what’s next for embattled eurozone countries — weighs on the 17-nation currency.
October 29th, 2012 at 12:58
US dollar is heading higher today, gaining ground as uncertainty about what’s next for the global economy weighs on risk and high beta currencies.
October 26th, 2012 at 20:54
The Canadian dollar fell today as the Forex market was not pleased by the news from Europe and entered a risk-off mode. The Canadian currency remained weak against safer currencies and even declined versus the euro.
October 26th, 2012 at 14:08
Euro is lower today, dropping on concerns about Greece and Spain, as well as worries about a possible recession in the eurozone. Risk appetite has made an appearance, though, and euro appears to be trying to regain some of its lost ground.