The Canadian dollar rose today as the speech of Federal Reserve Chairman Ben Bernanke boosted stocks and commodities, while comments of Germany’s Chancellor Angela Merkel eased fears of a new spread of the financial crisis.…
Japanese yen is pulling back in forex trading today, heading lower as risk appetite improves. Yen is lower against other majors today as optimism about the global economy, as well…
US dollar, after showing some strength in earlier trading, has moved lower since Ben Bernanke‘s remarks. Bernanke’s remarks on the US economy have raised doubts about the strength of the recovery,…
The Polish zloty erased its earlier losses today after a report showed that retail sales in Poland increase more than was predicted, reinforcing optimistic outlook for the nation’s economy. Retail…
The euro fell against the US dollar on concerns that the debt crisis may again threaten to spread across Europe. The currency also pared its gains versus the Japanese yen, which were…
The Canadian dollar posted a weekly loss, falling for the third week against its US counterpart, as signs of economic slowdown across the world damped investors’ demand for riskier assets tied to economic growth.…
The Australian dollar rose, erasing its previous losses, as stocks gained and prices for raw materials increased as market sentiment gradually turns to risk appetite and on the speculation that the Federal Reserve may reduce…
The Canadian dollar erased its losses against its US counterpart as core inflation data was better than predicted and after prices for crude oil jumped. The currency was flat against…
UK pound is finding some strength today against the US dollar and the Australian dollar. Sterling is rising against the greenback as risk appetite makes an appearance, and gaining against the Aussie as the news…
US dollar is weakening today as risk appetite makes a cautious appearance in the markets. Yesterday, greenback was higher, and gold prices reached a low not seen for 10 weeks. Today equities…