Posts published in December 2013

Loonie is finally getting a boost today, ending a rather lackluster year on a high note. Canadian dollar has seen its strength leak away over the course of 2013, and many believe…

Economic expectations are helping the UK pound today, especially against the euro. The pound is seeing success as Forex traders and analysts look to 2014 for continued improvement in the UK economy. Many expect…

Greenback is heading lower today against most of its major counterparts. The dollar index might be up on the year, but today it’s pulling back on disappointing data and better news…

As the year draws to a close, the euro continues to gain ground against its major counterparts. Much of the help for the euro comes from comments that another rate cut isn’t likely to be needed…

The Japanese yen continued to show great weakness during the past year even as some of news should have been supportive for the currency. It looks like policy makers have made the currency…

The Japanese yen ended Friday with losses even though macroeconomic data from Japan was very positive, making it less likely for the nation’s central bank to introduce additional monetary…

The Canadian dollar ended Friday with losses as Canada’s central bank was not showing willingness to raise interest rates, while the US Federal Reserve has already cut its stimulus…

The South Korean won advanced today, unharmed by the risk aversion sentiment on the Forex market, as Korea’s exporters were converting their earning into the local currency ahead of the year-end. Unlike some other…

The Indonesian rupiah fell today as the announcement of quantitative easing tapering by the US Federal Reserve spurred capital outflow from the country, leading to concerns that the nation’s current account deficit may widen.…

Current yen weakness is expected to continue into 2014, thanks in large part to Abenomics. With the BOJ continuing to add money to the economy, it’s not much of a surprise that the yen is…