UK pound is gaining against the euro today, heading higher as expectations of more quantitative easing fade. Pound is showing strength at a time when the euro is showing weakness, and that…
The Japanese yen advanced today as risk aversion returned to the Forex market again, driving riskier assets down and pushing investors to seek safety. The currency is still under threat of an intervention, though.…
The New Zealand dollar fell against the Japanese yen today as the New Zealand trade balance deficit was near the highest level since 2008. The deficit was still below analysts’ expectations,…
The US dollar rallied against the euro and the Japanese yen yesterday, but pulled back a little today. The currency sank versus the Great Britain pound as the UK economy expanded faster than experts…
The Sweden krona fell against the US dollar today after the Swedish central bank kept its key repo rate unchanged. The currency weakened against the euro as the accompanying statement hinted that…
Euro is heading higher today, helped along by risk appetite, and even dragged a little bit by better performance from the pound. Euro is gaining ground as optimism returns to the markets. At least,…
With a Bank of Japan policy meeting coming up in October 30, many expect an announcement related to stimulus efforts. As a result, the Japanese yen is heading lower against other majors right…
The Canadian dollar was higher today as the central bank reiterated its suggestion that interest rates should be higher in the future. That suggestion opposed the comments of bank’s Governor Mark Carney,…
The New Zealand dollar climbed today, reaching the record high since April against the Japanese yen, after the Reserve Bank of New Zealand maintained its key Official Cash Rate unchanged…
The Great Britain pound advanced on hopes that the United Kingdom will emerge from recession. Traders turned their attention to the GDP report, released today, which is expected to show growth.…