Posts published in November 2013

Euro Struggles After GDP Data

Euro is struggling today, mainly due to disappointing economic data. The latest GDP numbers are in, and they show that the eurozone recovery is barely hanging on. It’s not…

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Yen Slides on Comments from Taro Aso

The latest comments from Japanese Finance Minister Taro Aso are leading to losses for the Japanese yen. Aso indicated that Japanese policymakers remain poised to intervene in the markets in their attempts to keep…

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Canadian Dollar Stronger After Yellen’s Speech

The Canadian dollar rallied against its US counterpart yesterday and remained strong today on prospects for prolonged monetary stimulus from the Federal Reserve. The currency also rose against the Japanese yen, but…

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BoE Inflation Report Sends Pound Higher

The Great Britain pound surged on the previous trading session after the Bank of England issued a very positive outlook, leading to speculations that it may tighten monetary policy sooner than was…

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