Posts published in May 2012

US Dollar Mixed in Forex Trading

US dollar is mixed in Forex trading, with markets somewhat choppy today. Greenback is once again higher than an embattled euro, but the US dollar is lower against…

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Record Weekly Loss of Euro in 2012

This week, the euro had its biggest weekly loss against the dollar this year as the currency was rapidly losing attractiveness amid the escalating sovereign-debt crisis. Forex market participants were running…

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Baht Posts Biggest Weekly Drop in 2011

The Thai baht dropped today, posting the biggest weekly loss this year. Foreign investors reduced holdings of the nation’s shared on fears that the crisis in Europe would slow global economic growth. Nalin…

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Euro Rallies to New Lows

The euro was rallying to new lows today, reaching the lowest level since 2010, on concerns that regional governments of Spain would meet obstacles in reaching capital markets. Artur Mas, the President…

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Euro Can’t Maintain Gains in Forex Trading

Earlier, the euro showed signs of fight as it headed higher against the US dollar. Now, though, the euro can’t maintain gains in Forex trading and is headed lower. Worries about the eurozone,…

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