The euro advanced against the Japanese yen today on the speculation that the European Central Bank will raise the interest rates on its next meeting, while the Bank of Japan will likely keep its…
The Japanese yen weakened on the previous trading session as the signs of the global economy recovery removed demand for the currency as a safe haven. The yen attempts to regain its strengths at the beginning of today’s session. Analysts forecast…
The Canadian dollar rose today versus all other 16 major currencies as concerns about supplies pushed crude oil, the main Canadian export, closer to the 30-month record. May futures for crude…
This week promises to be very important for the US dollar as there will be many fundamental reports, including the very important non-farm payrolls. Will they confirm the tendency of the US economy…
The Malaysian ringgit, together with some other Asian currencies, fell today as the threat of the radiation contamination from the damaged nuclear plant in Japan curbed attractiveness of the Asian assets. Tokyo Electric Power…
The New Zealand dollar fell and the Australian dollar reversed its upward trend versus the US dollar today on the speculation that the Federal Reserve may end its asset-purchasing program, reducing amount…
The euro declined versus the US dollar this week as the summit of the European Union leaders brought the disappointing results, making market participants question the ability of the EU to resolve the debt crisis. Still, against…
The US strengthened on the speculation that the solid growth of the US economy will make the Federal Reserve to remove the stimulus and increase the interest rates. The US gross domestic product grew 3.1 percent in the last…
The Canadian dollar dropped versus its US counterpart as the economy of the US continued to show a robust economic growth. The loonie gained against the euro as the European Union summit hasn’t eased the concern about…
The euro dropped today from the highest level in four months after the European Union leaders decreased the startup capital for future bailouts. The decrease of the startup capital for a future aid fueled worries that…