The Swiss franc advanced yesterday and kept its gains today even though the market sentiment was favorable to riskier currencies, not safer ones. The week started with positive mood on the Forex…
The Australian dollar advanced today as risk appetite returned to the Forex market, increasing the attractiveness of the currencies with higher-yield. The impressive Thanksgiving sales in the United States and the improving sentiment about the situation in the European Union…
Japanese yen is lower today as Forex traders look for high yielders as risk appetite improves. Indeed, risk appetite is the story as the Dow surges on holiday shopping news. Black Friday…
US dollar is heading lower on the Forex market today as risk appetite returns. Last week was all about eurozone weakness and sovereign debt struggles. This week is all…
The New Zealand dollar jumped today against all other most-traded currencies after the nation’s Prime Minister was reelected with his party, spurring hopes that he’ll be able…
The South African rand advanced today as the US retail sales demonstrated a record growth during Thanksgiving, while hopes emerged that the European Union would find a way to deal with its…
The euro fell against the US dollar for the fourth week in a row, posting the longest losing streak in 18 months. The currency also fell against the Japanese yen, declining for the third week. But the UK…
The Great Britain pound closed higher against most of the major currencies, including the Japanese yen, the euro and the Swiss franc, though fell versus the US dollar, as the ongoing debt issues in the European Union…
The euro dropped against the dollar and the yen to the lowest rate since October and retreated versus the pound today as there are no sings that the crisis in Europe may end. The Italian borrowing costs…
Risk aversion was the main driver today on the Forex market, as the week came to a close. With risk aversion rising, the Canadian dollar dropped, ending the week on a lower note against the US dollar.…