Posts published in November 2013

Euro Relief Rally Fades

Earlier, the euro rallied in relief as Germany announced an agreement to form a governing coalition. Concerns about Germany had weighed on the 17-nation currency, but a rally took over. Now, though, that rally…

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Soft Economic Data Limits US Dollar

The latest economic data out of the United States is somewhat soft, and that is weighing on the greenback today, limiting its progress. The dollar is lower against its European counterparts, and paring…

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Stable UK Economic Growth Helps GBP to Surge

The Great Britain pound jumped to the highest rate since January against the US dollar and surged to the strongest rate since 2008 versus the Japanese yen today as data showed that the United Kingdom…

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