The Japanese yen continues to slide as Forex traders expect more easing from the Bank of Japan. Comments from a political leader in Japan indicate that an aggressive policy of easing will be followed…
Euro is moving a little bit higher today, gaining ground against the US dollar, even as concerns about the situation in Greece continue to take center stage. Even with the delay, though,…
The Great Britain pound advanced against the euro today after talks among European Union finance ministers failed, increasing the appeal of the sterling as a refuge from the European crisis. The currency remained weak…
The New Zealand dollar sank today versus its US counterpart after Japan cut its exports and the meeting of European finance ministers ended without meaningful conclusion. The kiwi, as the New Zealand…
The Reserve Bank of Australia released its monetary policy minutes today, weakening the Australian dollar. The minutes suggested that further monetary easing is possible, while Australia’s economy may grow…
The Canadian dollar fell against some of its major peers, including the US dollar and the euro, today together with falling prices for crude oil, the major Canada’s export commodity. Losses were…
Euro is struggling once again, trying to gain the upper hand against the US dollar, as continued concerns about the eurozone crop up. Even though there appears to be a promise of a new…
Loonie is slightly lower right now, following earlier gains. Earlier, the prospect of a better situation in Europe, as well as fiscal cliff talks in the United States, helped boost risk appetite. Additionally,…
The Japanese yen gained today after the Bank of Japan refrained from easing its monetary policy. Yet the central bank hinted that it may implement accommodative measures in the future, limiting…
The Australian dollar rallied today as advance of stocks increased appetite for risk among investors. Equities gained as fears of the fiscal cliff in the United States receded. The risk sentiment improved as US President Barack…