The Malaysian ringgit gained today as risk appetite, spurred by positive sentiment about Europe, outweighed the negative economic report from Malaysia itself. Malaysian factory production demonstrated the lowest growth in four…
Euro is managing to hold on to some of its gains for now. Euro saw some small success against the US dollar yesterday, and is working to keep those gains today. For now, the euro…
The Japanese yen dropped today against the euro as Germany’s leader meets the head of the International Monetary Fund to discuss the ongoing issues of the European Union and possible ways to resolve the credit problems. Angela Merkel,…
The Swiss franc climbed today after Philipp Hildebrand, Chairman of the Swiss Nation Bank, resigned from his post after currency trades of his wife compromised his credibility as a central bank’s…
The Great Britain pound ticked down against the euro after the leaders of Germany and France have met today in order to find a way out of the dangerous situation with the European debt. The UK currency…
US dollar is edging lower against other major currencies today. Losses aren’t too big, though, since there is still a great deal of uncertainty in the markets right now.…
Canadian dollar is mixed on the Forex market today as traders look for direction. On the one hand, there is a little optimism that is helping the loonie gain, especially against the US dollar.…
The Turkish lira gained today, touching the highest level in a month, after JPMorgan Chase & Co. said it prefers the lira to the rand as the Turkish central bank has stronger defense. JPMorgan…
The euro rebounded as German Chancellor Angela Merkel and French President Nicolas Sarkozy meet today to discuss measures for rescuing Europe from its troubles. Merkel and Sarkozy meet today in Berlin to discuss…
The US dollar advanced this week, reaching a 17-month high against the euro, as concerns about the debt crisis in Europe persisted, while the economy of the United States continued to recover. The US currency was…