Posts published in September 2012

US dollar index is slipping a bit as ECB rumors about how more liquidity will find be injected into the eurozone with out increasing the money supply. Greenback is…

The Canadian dollar fell against its US counterpart yesterday, but managed to outperform the euro and the Japanese yen. Today, the Canadian currency remained near yesterday’s close, waiting for Bank of Canada’s rate…

Hopes for the coming European Central Bank policy meeting were driving the euro higher today. Yet the rally stalled and then failed completely. As a result, the shared 17-nation currency ended the trading session…

The South Korean won weakened today after the US macroeconomic data came out weaker than was predicted by market analysts, reducing demand for riskier currencies among Forex traders. Earlier,…

The Swiss franc, which is virtually pegged to the euro, did not follow the shared European currency in gains today. The unexpected decline of the Swiss economy spurred speculations that the Swiss National Bank…

Australian dollar is retaining the upper hand against its major counterparts in currency trading as the Reserve Bank of Australia remains upbeat about the economic situation. The RBA left Australian interest rates…

UK pound is weakening right now on uncertainty. Concerns about what’s next for the British economy, as well as speculation about what will happen with the eurozone, are weighing on the pound today.…

The season of vacations has ended and Forex market trading should become more active. Traders face rather busy first week of autumn as many central banks will announce their rate…

Euro is seeing slight gains today, heading a little higher against the US dollar. For now, the gains are somewhat limited, since trading is thin. With US markets closed…

At the end of last week, the Canadian dollar posted its biggest gain since January, thanks in large part to the fact that Canada’s economy grew more than forecast for the second quarter. This…