Posts published in January 2013

Dollar Mixed amid Confusing Fundamentals

The US dollar was flat against the euro, fell against the Great Britain pound and rose versus the Japanese yen today. Market analysts believe that the Federal Reserve will continue to extend…

Read More

Euro Mixed Against Other Majors

Euro is mixed against other major currencies today, thanks to a mixed bag of data. Even though the euro is off its recent highs against the US dollar, though, it…

Read More

US Dollar Weakens on Disappointing Economic Data

US dollar is struggling today, particularly against the euro, as the US economy is compared with the eurozone economy. Disappointing economic news is weighing on the greenback. Expectations had been for modest…

Read More

Weakness Continues for the Japanese Yen

Weakness continues for the Japanese yen, as the currency heads lower based on the expectation that future economic policy will continue to encourage weakness in the yen. With the election of Prime Minister Shinzo Abe, economic…

Read More

RBI Attempts to Bolster Economy, Rupee Gains

The Indian rupee advanced today on hopes for increasing foreign capital inflows as the nation’s central bank is attempting to bolster the country’s economic growth. The Reserve Bank of India cut its key interest…

Read More