The Canadian dollar rose today for the second trading session after the huge drop against the US dollar and the euro that has started in the middle of this month. The bounce was supported by favorable fundamentals,…
The euro rose today, erasing its previous losses versus the Japanese yen and touching the highest level since December 2011 against the US dollar, as the sentiment of German consumers was stable this…
US dollar is broadly lower today, losing ground today as the macroeconomic picture internationally is at odds with the latest economic data out of the United States. The macroeconomic picture continues to be…
UK pound has found some respite from its downward spiral — at least for now. Pound is higher against many of its major counterparts right now as Forex traders take…
The fundamental data was mixed for the Australian dollar today. As a reflection of that, the currency rose against its US peer, but dropped against the Japanese yen. The Conference Board reported that the Australian…
The New Zealand dollar climbed today after New Zealand’s trade balance made a very pleasant surprise for market participants, unexpectedly turning from deficit to surplus last month. The currency retreated…
The Canadian dollar fell against the Japanese yen today after Moody’s Investor Service cut credit ratings of several Canadian banks. Later, the loonie erased losses. The currency gained versus the US…
The Japanese yen rose today, advancing for the second session and rebounding from the lowest level since 2010 against the US dollar, on speculations that the recent drop was excessive and on hopes for improvement of the Japanese…
Euro is a little lower today against the US dollar, thanks in large part to a round of profit taking from Forex traders anxious to lock in gains seen last week during the 17-nation…
US dollar is gaining today as a number of factors combine to support the greenback. Euro is seeing some profit taking, and the pound is showing weakness. On top of that, there are some…