The Japanese yen fell today after the victory of a pro-bailout party in Greece spurred risk appetite among investors. The positive sentiment was short-lived, though, and the currency pared its losses. The pro-bailout New…
US dollar is higher as uncertainty grows in the eurozone. Concern about what’s next for the eurozone, and for the US economy, is the highlight as we start the week out, and that is providing a boost for the greenback…
Even though pro-bailout politicians won in the Greek elections over the weekend, the euro is heading lower against its major counterparts. Relief over the outcome in Greece gave the euro a boost earlier,…
The Japanese yen gained this week against most major currencies as market sentiment was spoiled not only by fears of the European sovereign-debt crisis, but also by concerns that economic recovery…
The US dollar fell today after bad fundamental reports spurred speculations that the Federal Reserve would implement the third round of quantitative easing nest week. The currency closed flat versus…
The Australian dollar rose against its US counterpart and climbed to the highest level since March versus the euro today. The currency declined against the Japanese yen, though trimmed its losses. The Australian…
Euro is pulling back a little on uncertainty today. Euro was higher earlier on the news that central banks would coordinate efforts in the event that Greek elections go badly this…
Even though investors are sending stocks higher, there are plenty of concerns about the economy dragging down some of the high beta currencies, including the Canadian dollar. Loonie is down…
The South Korean won rose today as speculations that the US Federal Reserve would stimulate the slowing economy continued to bolster higher-yielding assets of emerging markets. The won profited, as most other currencies…
The Japanese yen climbed against all other major currencies today after the Bank of Japan left its monetary policy unchanged, refraining from expanding monetary stimulus. The BoJ left its…