Posts published in March 2012

US Dollar Pulls Back in Forex Trading

US dollar is pulling back in Forex trading, heading lower after a few days of strength. Risk appetite is rising, and the greenback is losing steam as Forex traders look for higher…

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Euro Mostly Flat on Disappointing Data

Eurozone data continues to disappoint, leaving the euro mostly flat today. Even though euro is a little higher against the US dollar and the UK pound, gains have been somewhat insignificant…

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Franc Jumps as SNB Maintains Ceiling

The Swiss franc climbed today after the Swiss National Bank maintained the ceiling for the currency and increased its growth forecast. The franc rose for the first day after two sessions of decline. The Swiss central…

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Loonie Lower on Greenback Strength

Canadian dollar is weaker today, heading lower as the US dollar shows strength, and as commodities fall back. Today, it’s not a lot about economic data — including trade data…

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GBP Fluctuates After Jobless Claims Climb

The Great Britain pound fluctuated versus the US dollar today after a report showed that jobless claims rose last month more than was predicted. The currency was falling throughout…

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Australian Dollar Jumps on US Economic Recovery

The Australian dollar advanced as stocks and commodities rallied after the Federal Reserve released the minutes of its monetary policy meeting, indicating that the US economy is improving. The Fed indicated that the US…

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