It’s all about the uncertainty today, giving the US dollar a boost as Forex traders nervously await a number of outcomes. From the Supreme Court’s ruling on the health care reform bill, to the EU summit…
The Czech koruna fell today on speculations that the nation’s central bank would cut interest rates as problems in the European Union led to a recession in the Czech Republic. The Czech economy is strongly dependent…
The Chinese yuan fluctuated today as positive and negative fundamental effects were battling each other in an attempt to influence the currency, which trades in a range set by the nation’s central bank. The Peopleâs Bank of China…
The Canadian dollar was stronger against its US peer at the first hours of today’s trading session, but Forex market participants are not sure whether the currency would be able…
The euro showed a mixed performance ahead of the EU summit. It rose against the Great Britain pound, fell versus the US dollar, before rebounding later, and stayed flat against the Japanese, showing…
The New Zealand dollar advanced today, erasing its previous losses. The currency declined earlier as the trade balance surplus shrank last month and skepticism about the coming EU summit reduced demand…
The South African rand fluctuated today between gains and losses on speculations that the nation’s central bank may decrease interest rates to boost slowing economic growth of South Africa. South African…
UK pound is struggling today, heading lower against its major counterparts. There is a lot weighing on the pound, from the fact that the London Olympics have failed to support home…
Japanese yen is mixed against majors today as concerns about Europe continue, and as the EU summit prepares to take off. Yen is higher against the UK pound, but lower against…
The US dollar was weak today as reports about manufacturing and consumer sentiment were unexpectedly bad, spurring speculations that the Federal Reserve may yet turn to quantitative easing as a way to bolster…