Posts published in December 2011

Canadian Dollar Mixed in Forex Trading

Canadian dollar is largely mixed in forex trading today, looking for direction as concerns about the oil supply mesh with speculation about what’s next for the global economy. Loonie relies heavily…

Read More

GBP/JPY Falls as HPI Drops

The Great Britain pound fell today against the Japanese yen to the lowest level in a month as UK house prices declined in December, reinforcing fears of the economic crisis in Britain. The currency rose slightly versus…

Read More

Loonie Weakens as Europe Troubles Forex Market

The Canadian dollar weakened today against the US dollar and the Japanese yen as Europe continues to trouble the Forex market, while unemployment claims in the United States rose last week. Italy failed to reach…

Read More

Forint Goes Lower as Borrowing Costs Rise

The Hungarian forint declined today, though it currently attempts to regain strength, as the result of the debt auction wasn’t favorable and the rating agencies downgraded the nation’s credit rating. Hungary sold 15 billion…

Read More

Euro Fluctuates in Forex Trading

Euro is fluctuating between gains and losses against the US dollar today in forex trading. The 17-nation European currency is looking for direction as forex traders prepare to close out positions as the year…

Read More

Japanese Yen Leads the Majors in Thin Trading

Japanese yen is leading the majors today as trading thins out during the second-to-last trading day of the year. In an interesting turn of events, equities have decoupled from their normal association with…

Read More