Posts published in November 2013

Dollar Ends Trading Weak

The US dollar continued to demonstrate weakness, ending Friday with losses against most major currencies, as worse-than-expected macroeconomic data fueled the speculations that the Federal Reserve will refrain from stimulus…

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Euro Mixed as Traders Await Data

Euro is mixed today as Forex traders await data. Many are interested in what the revised CPI data will show for October, and there are concerns about what’s next for the eurozone…

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Home Sales Data Weighs on Canadian Dollar

The latest home sales data is weighing on the Canadian dollar right now, contributing to its losses right now. Earlier, the loonie had been gaining ground on the prospect of continued stimulus in the United…

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NZD Rises vs. USD, Gains for Fourth Day vs. JPY

The New Zealand dollar ticked up against its US peer on outlook for prolonged monetary accommodation from the Federal Reserve. The currency also rallied for the fourth straight trading session against the Japanese…

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Yen Remains Weak as Growth Slows & Risk Appetite Rises

The Japanese yen continue to demonstrated weakness today as economic growth slowed, while speculations about prolongation of monetary stimulus from the US Federal Reserve damped demand for safer currencies. Japan’s gross…

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