Euro slipped earlier today on the Forex market, thanks to the latest political turmoil in Italy. However, the 17-nation currency has recovered some of its equanimity since then, and is now higher. Italian…
The New Zealand dollar appreciated today, reaching the strongest level since March against its US peer, as the increase of New Zealand manufacturing sales overshadowed negative factors. The currency advanced versus…
The Australian dollar was soft today as the increase of home loans missed estimates and the trade data of China, the biggest Australia’s trading partner, was disappointing, reducing prospects for Australian exports. The Customs General…
The Australian dollar rallied this week, ignoring the negative fundamentals. In fact, the news was mixed, but the currency was generally paying attention to positive ones, shrugging off negative ones. There…
The US dollar rallied today but trimmed gains after US nonfarm payrolls came out much better than was expected. At the same time, the greenback completely erased gains versus the Japanese…
Earlier, the Canadian dollar was slightly lower, dropping on concerns about the eurozone economy and worries about the US fiscal cliff. The latest jobs report out of the United States, though, is changing…
Euro is dropping today, falling to a nine-day low against the US dollar as Forex traders consider the disappointing economic outlook for the eurozone. A great deal of the concerns is coming from news out…
The Japanese yen advanced today after an earthquake struck Japan, reminding the catastrophe of 2011, when a tremor was followed by a tsunami and a disaster on a nuclear plant. The yen tends to advance during times of fear.…
The Malaysian ringgit fell today, following other Asian currencies in losses, as fears of recession in the United States and the European Union deterred investors from buying riskier assets of emerging economies. Traders fear…
The New Zealand dollar was strong today, rising to the highest level since September versus the US dollar and the highest since March against the Japanese yen, after the Reserve Bank of New Zealand…