The Japanese yen continued its decline against the dollar and the euro for the second day today as the unpleasant economic conditions in Japan make their currency less attractive to the buyers. The technical reasons are also…
The single European currency approached the yesterday’s minimums against the U.S. dollar and the other major currencies today as the bad news on the Dubai’s troubled debt worsened the global financial outlooks. The demand for the high-yielding assets,…
The Japanese yen continued to grow against the other major currencies for a third day today even after the worse than expected GDP data was released in Japan, as the risk-aversion still remains popular…
The pound started the week down versus the euro and the U.S. dollar as sentiment towards other wealthy nations in the world remain more positive than the U.K.’s economic perspectives, forcing investors to abandon pound…
The U.S. dollar reached the highest level in a month versus the European common currency and also gained versus all high-yielding options among currencies as pessimism returned to stock markets and bets that interest…
The U.S. currency rebounded sharply yesterday before the end of this week’s session as a better than expected jobs report started speculations that interest rates in the U.S. will be hiked by the Federal…
The U.S. currency is set to another weekly devaluation versus the euro and most high-yielding currencies as risk appetite remained strong during most of this week’s session, forcing the dollar down as investors…
After declining considerably yesterday versus the greenback, the Aussie dollar recovered today and is heading towards another weekly gain versus its U.S. counterpart as a report is likely to post favorable…
The single European currency tried to break the latest resistance level, set 8 days ago, as the future of the macroeconomic conditions around the euro were revised after Jean-Claude Trichet‘s statement today. But,…
The Canadian dollar is extremely linked to the crude oil and equities markets performance, and after a day of rising risk aversion, the loonie declined as appeal for commodities and stocks dropped. After touching a two-week high…