The Great Britain continued to rise today on speculations that the Bank of England will refrain from adding stimulus. The Swiss National Bank added to its holding of the sterling, further increasing the appeal of the currency.…
The Norwegian krone climbed today as Norway’s central bank indicated that it is not going to buy foreign currency for the government fund. On the negative side, unemployment growth stalled in August. The Norges…
Euro is getting a boost today on improved risk appetite. Even though the situation in the eurozone continues to be one of uncertainty and economic difficulty, the euro is gaining ground today. Once again,…
Canadian dollar is slipping right now, following an earlier advancement. Trading has been somewhat choppy for the loonie in recent days, and now the currency is back below parity with the US…
The Great Britain pound was stronger after retail sales report, that was far better than anticipated, spurred speculations that the Bank of England may refrain from boosting its…
The US dollar fell today, following yesterday’s gains on risk aversion. Today, traders were a bit more courageous after Hurricane Sandy hit the United States and damage was assessed. Positive…
The Japanese yen climbed today even as the Bank of Japan eased its monetary policy. The currency trimmed its gains against the US dollar later, though, and fell against the euro as the market sentiment…
Euro is moving higher today, muscling through resistance even though the news out of the eurozone continues to disappoint. After bouncing off lows below 1.2900, euro touched a session high…
The South Korean won climbed today, reaching the highest level in 13 months, probably because exporters sold dollars to convert their earnings after exports advanced. The Forex market sentiment improved…
Chinese yuan is higher against the US dollar, gaining to its greatest value in almost 19 years. With so much weakness around the globe, pressure is high enough that…