The US dollar index is lower as the US session comes to a close. Risk appetite has put in an appearance today, and forex traders are looking for better yields and moving away from safe…
The euro rose today, rebounding from the earlier decline after the European Central Bank kept the key interest rates unchanged, but expanded its bond purchasing program. The ECB left its…
The Great Britain pound slumped today as the Bank of England held the main interest rates unchanged and expanded its bond purchase program today, signaling about weakness of the UK economy and debasing the nation’s…
The Canadian dollar is retreating in forex trading, falling against major counterparts including the US dollar. Loonie is also struggling against other commodity currencies, dropping as it is used…
The Swiss franc fell today as Switzerland’s central bank reported its foreign currency reserves grew in September. Traders fear the bank may take additional measures to weaken the franc. The Swiss National…
The Australian and New Zealand dollar extended their rally today, rising against the US dollar for the third day, as stocks advanced amid renewed risk appetite of investors. The Standard & Poorâs 500…
Forex traders are waiting for the ECB announcement expected during the European session on Thursday. EUR/USD is slightly lower ahead of the decision, which some expect to result in a cut of 25 basis points.…
The Brazilian real advanced today amid the speculation the Federal Reserve and the European Central Bank are ready to meet the economic challenges and support the global recovery, while Brazil’s central bank is going…
The US dollar weakened today as the rally of stocks reduced demand for safer currencies. Forex traders remained wary, though, as there are still many signs of possible double-dip recession. The speculation that…
While, in America, the talk is all about the likelihood of QE3, in Britain, the Bank of England is mulling QE2. Indeed, this Thursday, when the interest rate decision is announced, many expect…