The Canadian dollar gained today even as the negative factors that were previously weakening the currency remained. Yet Forex market participants felt inclined to buy higher-yielding currencies even during these…
The upcoming European Union summit is doing little to help calm nerves right now. While there are grand plans being laid, few people expect a true breakthrough from…
Even though the UK pound saw a bigger than expected deficit, the UK pound is getting a boost today. Sterling is higher as some observers think that the latest developments will…
The Mexican peso gained today, but erased its gains on speculations that the slowing global economic growth may have a negative influence on prospects of Mexico’s economy. The peso was down yesterday,…
The Australian dollar rebounded today after yesterday’s decline as the positive outlook for Australia’s economy damped the negative effect of the European crisis on the attractiveness of the currency. Concerns about the debt issues in the countries of the European Union…
The Canadian dollar sank as negative sentiment on the Forex market drove investors away from currencies related to economic growth and commodities. The currency advanced versus the euro, though. Shaun Osborne, the chief currency…
The Japanese yen climbed today, following the last week’s unexpectedly poor performance, as problems in Europe show no signs of subsiding, meaning that safe assets remain in high demand. There is…
US dollar is on the rise today, thanks to risk aversion. With concerns in Europe, and uncertainty about the impact of the US Supreme Court ruling on health care reform, the greenback is in demand as a safe…
Fears about Europe are back in the spotlight, causing worries and resulting in risk aversion that is weighing heavily on the euro today. Euro is lower as concerns about what’s next send…
The South African rand declined for the third consecutive session today as Forex traders were worried that economic growth is slowing all around the globe, reducing demand for exports of emerging economies.…