Posts published in November 2012

The Canadian dollar dropped for the third consecutive session against its US peer, closing below parity. It also fell against the Japanese yen. Yet the loonie managed to advance versus the euro.…

The euro dropped today against the US dollar and the Japanese yen, extending its decline for the third straight trading day. The shared 17-nation currency managed to outperform the pound, almost erasing its weekly…

The Great Britain pound dropped today, reaching the lowest level since September against the US dollar, even after data showed that Britain’s trade deficit shrank more than expected…

The Thai baht gained today as the reelection of Barack Obama as US President made investors believe that quantitative easing will persist and inflows into emerging markets will continue. Thai Bond…

Greenback is getting a boost today, rising as fear drives risk aversion and sends Forex traders looking for safe haven. With concerns about Greece weighing on the euro, and worries about the fiscal…

Earlier, the Japanese yen weakened a bit on expectations that next week’s GDP data will indicate more contraction for Japan’s economy. That momentary weakness has pretty much evaporated, though,…

The New Zealand dollar was weak after poor employment data sapped strength of the currency. The kiwi kept its losses at the start of today’s session, but it does not look like…

The Bank of England maintained its main interest rate and the size of the asset purchase program today. That allowed the Great Britain pound to gain against the euro and to erase gains versus the US dollar.…

The euro dropped today against other most-traded currencies after the European Central Bank refrained from cutting interest rates and predicted that economic growth of the eurozone will remain weak. The ECB…

US dollar is mixed against major currencies today as markets look for direction after yesterday’s rout of risk assets. Today, there has been some measure of recovery, but there…