The Australian dollar advanced today as traders threw out doubts and were ready to take a riskier course. Earlier Forex market participants felt uncertainty caused by the unclear outcome of the EU summit, but…
The Great Britain pound is grinding higher against the US dollar today, thanks to increased risk appetite, and expectations for a European deal by Wednesday. However, things might not remain so rosy…
Canadian dollar is getting a boost today, rising against the US dollar on optimism about what’s next for the eurozone. With the expectation of a deal announced by EU leaders on Wednesday, the Forex market is…
The summit of the European Union leaders ended without a clear outcome. Some progress was made, though, and the US dollar fell as demand for safety waned. The greenback still hangs near its opening…
The euro started the week rallying, but the doubts, that remained even after the European Union summit, caused the rally to fail and the currency hangs now barely above the opening level above the greenback…
The euro declined against most majors this week even though it looked at first the persisting optimism from the previous week would carry the currency even higher. The concerns returned and dragged…
With all the uncertainty about the outcome of the coming European Union summit Forex traders remembered that the Swiss franc was considered a safe currency and flocked to the Swissie in search of a refuge from the market…
Yesterday, the Japanese yen moved lower in Forex trading. Today, though, there has been a bit of a reversal. Now the yen is surging against its major counterparts, heading suddenly higher.…
The Great Britain pound jumped against the US dollar today after the report showed the nation’s budget deficit shrank more than expected. The performance of the sterling against the Japanese yen wasn’t so…
Euro is higher against the US dollar today, getting a boost from another round of optimism about a solution to the sovereign debt crisis. So far, euro has hit a high just…