The South African rand appreciated today after the Bank of Japan spurred risk appetite on the Forex market by boosting its stimulating measures in order to help the economy. The quantitative easing program of Japan’s central…
The US dollar erased its earlier losses versus the euro today as the fundamental data from the United States was not very encouraging. The greenback was weaker against other most-traded currencies…
Euro is mixed in forex trading today, following the latest Bank of Japan announcement, as well as the latest Spanish bond offering and the expectations that Germany and France will announce joint proposals for euro…
Canadian dollar is struggling today, thanks to the latest economic data. November retail sales were disappointing. Additionally, it’s not helping that oil prices can’t seem to find some…
The New Zealand rose against its US peer after the Bank of Japan expanded the monetary stimulus, improving prospects for global growth. The kiwi erased the earlier gains against the Japanese yen. Japan’s…
The Japanese yen extended its rally today, rising for the third straight session against the euro and the Great Britain pound, even after the Bank of Japan introduced new measures to boost economic growth.…
The Mexican peso dropped today as Forex market participants were worried that the central bank will lower interest rates in the near future, supporting the economy, but weakening the currency at the same time.…
The Australian dollar was little changed today as the trading session was quiet while US markets were closed for a holiday. The currency was soft against the Japanese yen, which was especially…
Many recognize that German Chancellor Angela Merkel has been a strong leader for the eurozone, and key to many of the negotiations related to keeping the euro together during the recent sovereign debt crisis. So,…
US dollar is mostly lower today as rangebound trading is the norm. With US markets closed for a holiday, volume is rather low, and currencies are trading rangebound in the FX market.…