Posts published in February 2012

Market Sentiment Shifts, CAD Goes Upward

The Canadian dollar gained versus its US counterpart and the Japanese yen, while fell against the euro, as Forex traders view the talks about new portion of a bailout to Greece in the positive light again.…

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Aussie Finds Support in Forex Trading

Aussie is finding support in forex trading today as Forex traders scramble to make up for the fact that they had priced in a 0.25% cut to the interest rate. Instead of cutting, though, the Reserve…

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UK Pound Gains against a Weakened Euro

UK pound is gaining against a weaker euro today, heading higher as worries about Greek debt resume. Greek talks have been suspended for a short time, even though Greek…

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Japanese Yen Gets a Boost on Greece

Japanese yen is heading higher today as concerns about Greece once again take center stage. While Greek Prime Minister Lucas Papademos insisted that some progress was…

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