Posts published in July 2012

Euro slumped to a two-year low against the US dollar earlier today, starting off with a rather dramatic loss. However, things have begun looking up, at least a little, and the euro is…

Investors and Forex traders are feeling a little more upbeat today than they have felt in a long time, and it shows. The US dollar is turning lower against its major…

The Canadian dollar erased its yesterday’s gains versus the US dollar today and stayed near the record high against the euro as prices for crude oil rose and fundamental data from Canada was…

The Australian dollar slid ahead of the report that is expected to show slower growth of China’s gross domestic product. The potential slowdown means less demand for Australian exports. According to experts’ forecasts,…

The Great Britain pound dropped today on fears that the United Kingdom may slip into recession as economic indicators signal that the economy is slowing and austerity measures deter growth. The problems…

The Brazilian real fell today as Brazil’s central bank cut its key Selic rate yesterday. The general mood on the Forex market was not positive for commodities with higher yield, driving…

The euro is dropping today — a rapid drop against the US dollar. Euro is losing ground on concerns about what’s next for the eurozone, but there are also concerns about how…

Japanese yen is higher today, gaining against other majors as risk aversion sets in, and as the yield offered by the currency suddenly becomes competitive. The latest developments have Forex traders looking…

The New Zealand dollar fell today, following yesterday’s gains, after the minutes of the Federal Reserve monetary policy meeting showed that the central bank’s policy makers were concerned about the economic…

The Federal Reserve released minutes of its last monetary policy meeting, revealing that the policy makers of the central bank were rather pessimistic and talked about potential need for additional stimulating measures.…