Posts published in December 2011

Japanese Yen Mixed in Forex Trading

Japanese yen is mixed today in forex trading, gaining against the euro, but down against the dollar and the pound. With the concerns in the eurozone right now, it’s no surprise that the yen…

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Euro Slumps After Moody’s Warning

The euro dropped today after Moody’s followed Standard & Poor’s as it warned about possible downgrades of the European countries. The shared 17-nation currency fell against the dollar and the yen. The summit of the European…

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Unpleasant Week for Euro Ended

This week was expected to bring hopes for the eurozone and help the euro to end its downtrend. Instead, traders felt more disappointment than encouragement from news. The end of the week was somewhat…

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Canadian Dollar Jumps as Europe & USA Bring Good News

The Canadian dollar jumped by the end of this trading week as Europe moved closer to resolution of the sovereign-debt crisis, while the confidence of US citizens improved. Earlier, the currency declined, dragged down by fears that…

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EU Summit Boosts Euro, But Rally Isn’t Big

The euro raised its head today after the European Union summit showed that the European politicians have willingness to resolve the region’s problems. The summit provided some solid results, but the rally…

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UK Pound Mixed as Cameron Rejects New EU Deal

The UK pound is mixed today, as economic news is released, and as the latest attempt to save the euro is made. However, Great Britain isn’t pleased about the latest EU treaty, and it…

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