The Turkish lira fell today after Turkey’s central bank unexpectedly decreased its interest rates, following central banks of other nations in monetary policy easing. The Central Bank of the Republic of Turkey…
The euro was flat today after the European finance ministers agreed to provide Greece a bailout, but investors weren’t convinced that the situation in the eurozone will improve in the near future. European finance…
UK pound is struggling today, even with the announcement that Britain saw its biggest budget surplus in four years during January. The news is being met with calls…
US dollar is lower today, dropping as Forex traders look forward to a Greek bailout. The expectation is that eurozone leaders will come up with a way to get Greece the money…
The Japanese yen slumped this week as the Bank of Japan embarked on quantitative easing, diminishing attractiveness of the currency that would be otherwise bolstered by uncertainty about the bailout for Greece. The BoJ spoiled that…
Euro is gaining today, heading higher after a rocky week, thanks to hopes for a Greek bailout. Expectations are that a Greek debt agreement will be reached by Monday. The news has…
Japanese yen is falling today, heading lower on a general feeling of risk appetite in the markets. Earlier this week, Japanese leaders used funds to buy other currencies in order to keep the yen…
The Great Britain pound rose today, supported by the government report that showed UK retail sales unexpectedly increasing last month, easing fears of a recession in the United Kingdom. Seasonally adjusted volume…
The New Zealand climbed today as positive news from the United States and Europe created a favorable trading environment for currencies with higher yield, while Alan Bollard, the Reserve Bank of New Zealand…
The Canadian dollar jumped today against its US counterpart and the Japanese yen on positive macroeconomic data from the United States and good news from Europe. The currency posted losses against the euro.…