UK pound is heading higher against the euro today, even though it is down against its low-beta counterparts, the dollar and then yen. Economic divergence is one of the reasons that the pound is doing so well against the euro today.
October 06th, 2014 at 10:17
UK pound is struggling a bit against some of its major counterparts today, thanks largely to recent economic data. While the pound is higher against the dollar right now, it is down against the euro and the yen.
October 02nd, 2014 at 10:30
US dollar is mostly lower today against its major counterparts, and the dollar index is losing steam. Much of it has to do with consolidation and profit taking, however. The dollar is on a roll, and some analysts think the dollar rally still has plenty of life.
September 30th, 2014 at 10:26
UK pound is seeing a little help today in Forex trading. While there is still a trend toward overall uncertainty that is keeping the pound down against currencies like the dollar and the yen, sterling is gaining ground against the euro again.
September 26th, 2014 at 10:41
Japanese yen is lower against its major counterparts following the release of the latest inflation data. The Japanese economy continues to struggle, and that means that policymakers are likely to continue to pursue a course that includes keeping the yen weak.
September 23rd, 2014 at 11:13
US dollar is lower today, losing ground against many of its major counterparts. The greenback is pausing for a breather right now, heading lower as Forex traders take profits and consider what could be next.
September 23rd, 2014 at 7:37
The Japanese yen rallied today, rising for the second trading session against the US dollar, even though economic data from China resulted in risk appetite among Forex market participants that should have weakened the currency.
September 15th, 2014 at 10:47
Yen is higher today, thanks in large part to the fact that China’s weak data is prompting strong risk aversion. Even though the yen is higher now, though, there are many who think that the yen will move lower in the future, due to the fact that the Japanese government is running out of options.
September 09th, 2014 at 10:49
US dollar index is holding on to some of its earlier gains, even though the greenback isn’t as high against its major counterparts as earlier. Most of the dollar’s strength is coming from other currencies’ weaknesses right now.
September 09th, 2014 at 6:26
The Japanese yen fell today after the Bank of Japan released minutes of its August meeting. The yen fell even against such currencies as the euro and the Great Britain pound, against which it was rallying last week.