This week was not an easy week to trade. The market sentiment was shifting and changing all the time, making it hard for traders to catch a particular price movement. The euro reflected that…
The Australian dollar closed higher on Friday as the optimistic mood on the Forex market returned currencies with higher yield to favor of traders. The Aussie closed lower versus the euro. One story made the news…
The Canadian dollar jumped today, closing near parity against its US peer, but fell versus the euro. The reason for the good performance was optimism caused by the better-than-expected US non-farm payrolls.…
Risk appetite is on the rise today, following good news from the United States. While risk appetite helps the euro in general, the 17-nation currency is also being helped along by optimism…
Risk appetite is back in a big way today, thanks to the latest payroll data out of the United States. The US dollar is down pretty much across the board as Forex traders show…
The Great Britain pound slipped versus the euro today after the report showed that UK service industries grew last month with slower pace than was anticipated. The currency gained…
The New Zealand dollar rallied today after Standard & Poor’s confirmed the country’s sovereign credit rating and said that outlook is stable. S&P said that New Zealand’s foreign…
The Russian ruble weakened amid risk aversion caused by unwillingness of European Central Bank President Mario Draghi to back up his promise to address the issues of the eurozone by any real action. The ruble…
The Canadian dollar jumped to the record high against the euro today after the European Central Bank disappointed Forex market participants. The ECB refrained from any serious steps to address the issues of the eurozone.…
Euro is dropping today, thanks in large part to the disappointment over Mario Draghi‘s policy announcement from the ECB. Many had expected the ECB to announce measures to help ease the sovereign debt.…