US dollar is mixed against major currencies today, but its gains against the yen and the pound aren’t helping the dollar index move higher. Instead, the dollar index is slipping…
Even though there is plenty of disappointing economic news in the eurozone, the euro is managing to head higher today. The main driver is end of the month flows, but there is also…
The Great Britain pound weakened against the euro today as Forex traders were hoping that the European crisis can be resolved and such hopes diminished appeal of the sterling as a haven against Europe’s…
The Indian rupee strengthened today amid foreign inflows into the nation’s economy and the positive outlook of investors that increased attractiveness of Indian assets. Global funds purchased $247 million more Indian…
The Japanese yen weakened today as a report showed that nation’s inflation stalled this month, fueling speculations that Japan’s central bank will intervene to support the struggling economy. Japan’s Consumer…
The US dollar was weak today amid risk appetite of Forex traders, caused by hopes that the US fiscal cliff can be avoided and Europe will be able to resolve its…
Earlier, fears about the United States going over a fiscal cliff sent the Canadian dollar lower. However, hopes are once again on the rise for an agreement to avoid the fiscal cliff, and that is…
Once again, optimism is creeping back into the markets, and Forex traders are feeling a little better about what might be coming. Euro is heading higher as risk appetite…
The Swedish krona gained today amid the positive sentiment among Forex traders and after the data showed that the nation’s economy expanded in the third quarter of this year, increasing appeal of the Swedish currency.…
The Swiss franc dropped against the euro today as Thomas Jordan, the President of the Swiss National Bank, said that the currency is still too strong. The Swissie advanced versus the US dollar. Jordan…