The Japanese yen continued its rally downside today amid speculations that Japanese policy makers will ease the monetary policy further. The yen reached the lowest level in more than a year…
Euro is a little lower right now, but the 17-nation currency has been paring some of its earlier losses. Euro is struggling against the US dollar today, even though…
UK pound is struggling this morning, weighed down by a touch of risk aversion even as the CBI survey comes in with better news. The pound is under pressure today, even though…
The New Zealand dollar was firm today despite negative domestic fundamentals. Yesterday’s announcement of the Federal Reserve put the Forex market in a risk-positive mode, overshadowing most other news. The BusinessNZ seasonally…
The Swiss franc erased its earlier gains versus the US dollar and the Japanese yen after the Swiss National Bank maintained the ceiling for the currency. Surprisingly, the franc managed to gain on the euro despite the unfavorable…
The South Korean won climbed today after the Federal Reserve announced yesterday additional measures to support the struggling US economy and foster growth. The major event allowed higher-yielding currencies to ignore some…
The Canadian dollar rallied to the highest level since March against the Japanese yen and advanced versus the US dollar after the Federal Reserve expanded its asset purchase program. The currency retreated against…
Euro is finding support today as a number of developments take the focus of eurozone recession and sovereign debt issues. Right now, the 17-nation currency is gaining ground against its major counterparts…
Greenback is heading lower today, falling as the Federal Reserve prepares to announce its latest policy decision. While interest rates are expected to remain near zero, Forex traders and others…
The Japanese yen fell against all other most-traded currencies today as the risk-positive sentiment on the Forex market reduced demand for the currency as a safe haven, while speculations about an intervention from policy makers…