Posts published in December 2012

Euro Struggles as Risk-Off Returns to Currency Market

Euro is losing ground today against its major counterparts as risk-off dominates the sentiment on the currency market. The fiscal cliff issue in the United States is causing uncertainty in a number of markets, and there…

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UK Pound Gains against Euro on Improved Sentiment

UK pound is gaining today as sentiment improves. The executives confidence survey for December is showing improvement, and there are hopes that the United Kingdom will avoid a  triple-dip recession. Like…

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Mixed Week for Dollar Ahead of Year-End

The US dollar had mixed performance this week. There was no particularly important news as markets were quiet amid the holiday season and currencies were moving without specific direction…

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Euro Drops on Uncertainty, Profit Taking

Today is the last full trading day of the year in Europe, and the euro is falling today as uncertainty makes an appearance, and as Forex traders take some of the profits they have on recent euro gains.…

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