The Australian dollar rose today following yesterday’s losses. The currency was weak on the previous trading session as the market sentiment was unfavorable for riskier assets. The Aussie gained against the euro and though trimmed…
The Canadian dollar traded below parity with its US counterpart for the first time since August as the general negative sentiment on the Forex market added to fundamental concerns in Canada. The Forex market experienced…
The Indian rupee weakened today ahead of tomorrow’s monetary policy decision as the central bank mentioned that there is need for some measures to spur growth. Analysts interpreted such comments as a hint…
The Malaysian ringgit dropped as US equity markets were closed today due to the threat from a hurricane. The event threw other markets in turmoil and Forex traders preferred to keep dollars amid uncertainty…
Euro is mostly lower in Forex trading today, pulling back as uncertainty — particularly about what’s next for embattled eurozone countries — weighs on the 17-nation currency. Euro is heading lower as worries…
US dollar is heading higher today, gaining ground as uncertainty about what’s next for the global economy weighs on risk and high beta currencies. There is a lot of uncertainty out there…
The Canadian dollar posted weekly losses amid tension and uncertainty on the Forex market even as Canada’s central bank maintained interest rates and hinted that higher rates may be possible in the future.…
The Australian dollar rose against its US counterpart and closed at the highest level in four weeks versus the euro on positive data from the United States. The Aussie fell against the Japanese yen as drop…
The Canadian dollar fell today as the Forex market was not pleased by the news from Europe and entered a risk-off mode. The Canadian currency remained weak against safer currencies and even declined versus…
Euro is lower today, dropping on concerns about Greece and Spain, as well as worries about a possible recession in the eurozone. Risk appetite has made an appearance, though, and euro appears to be trying…