Posts published in November 2012

Canadian dollar is fining some support today as risk appetite makes a cautious reappearance in the markets. Loonie is inching higher against many other major currencies, thanks to a little more…

The Australian dollar jumped against its New Zealand peer as the employment report from Australia was much better than the data from New Zealand. The Aussie retreated against the Japanese yen amid…

The Japanese yen gained today, extending yesterday’s rally, amid concerns about the situation in Europe and after Barack Obama won the US presidential election, spurring talks about the danger of the fiscal cliff.…

Euro is pulling back in Forex trading today, no real surprise with all the uncertainty and worrying going on right now. One of the big issues in the eurozone — Greece — is back in focus,…

The Great Britain pound dropped today as today’s macroeconomic reports were rather bad, spurring talks about further monetary easing from the Bank of England and fears that the UK economy will…

Now that the US Presidential Election is over, investors and Forex traders are shifting their focus away from the uncertainties surrounding the election, and concentrating on budget issues. The next hurdle is…

The New Zealand dollar advanced today against its US peer as the nation’s central bank expressed positive outlook for the currency’s exchange rate. The kiwi was down against the Japanese yen. The Reserve…

The Canadian dollar climbed today as stocks and commodities rallied, increasing the attractiveness of currencies tied to economic growth. The loonie gained against the euro for a fourth session in a row, reaching the highest level since October…

The Brazilian real rose today amid the positive sentiment on the Forex market and on speculations that data will show an increase of Brazil’s inflation. Analysts estimated that the IPCA inflation index increased to 5.44…

The South African rand rose today as it followed gains of raw materials ahead of the presidential election in the United States of America today. The positive outlook for US fundamentals also contributed for the gains of the rand.…