Posts published in February 2012

Japanese yen is dropping today as Forex traders become excited over the Greek debt deal. Yen is falling as risk appetite rises and low beta currencies find themselves out…

The euro rose today after the European Central Bank maintained its interest rates and Greek leaders managed to reach an accord regarding austerity measures that are required to get the next round…

US dollar index is lower today, heading down on risk appetite. A Greek debt deal is helping the situation, and Forex traders and investors in various financial markets are feeling better…

The Great Britain pound gained today and remained strong after the Bank of England kept its main interest rate unchanged and boosted the asset purchase program as the UK economy continued to weaken. The BoE…

The euro fell against the US dollar and slipped versus the Japanese yen before rebounding as Greek politicians were unable to reach an agreement about austerity measures required to secure a next portion of bailout.…

The Canadian dollar fell against the US dollar and the euro, but gained versus the Japanese yen as growing optimism about an outcome of the talks about Greek debt has started to slowly disappear from…

Trading remains choppy for the euro today as traders and investors look for direction. Everyone is waiting for a Greek debt deal to be reached, and a certain amount of concern is present that nothing has…

US dollar index is lower today, falling overall as a degree of optimism returns to the markets. Many expect a Greek debt deal to be done today, and that means that there has…

The Swiss franc was down today as tensions about Greece eased and Swiss officials repeated that the currency is too strong and hurting nation’s exporters, therefore it should be weaker.…

The Malaysian ringgit, as well as other Asian currencies, appreciated today as the Forex market kept positive mood from yesterday and traders were hopeful about resolution of Greek problems. Market participants again…