Posts published in December 2013

Eurozone Factory Prices Can’t Keep Euro Down

Euro is gaining ground against the US dollar and the UK pound today, even with the latest producer prices data. Even with the eurozone struggling, and stocks losing ground today, the 17-nation…

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Yen Strengthens as Traders Look for Safer Assets

With volatility on the rise, many Forex traders are looking for a little safety. As a result, it’s not really surprising that the yen is heading higher. Yen is on the rise as traders and investors…

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Yuan Stable After Services PMI Slides

The Chinese yuan was little changed today after the gauge of the services industries slipped a little last month. The drop was very small and did not affect the currency strongly. China’s non-manufacturing…

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