The Great Britain pound rose today, rallying against other most-traded currencies, as traders were attracted to the UK currency because of signs of economic recovery in the United Kingdom. December 26 is a bank…
The US dollar was relatively soft against the euro and the Great Britain pound today after the report about unemployment claims. The currency was flat against the Japanese yen after opening sharply…
Euro continues on track to be the top performer of 2013 with today’s performance. Much of that has to do with the fact the issues that have been plaguing the 17-nation currency region — from…
The Chinese yuan weakened today as last week’s monetary policy decision of the US Federal Reserve continues to hurt the market sentiment, but may yet rebound on prospects for reforms in the Asian nation. The Fed…
The Japanese yen opened sharply lower today as some policy makers were worried about slowing economic growth. Such worries suggest that the central bank will continue to pursue the path…
The US dollar ended today’s short trading session with gains against most major currencies, though falling versus the Great Britain pound, as the positive outlook for the US economy led to speculations…
The Canadian dollar fell for the first day in four against its US counterpart and was flat versus the euro and the Japanese yen on the outlook for monetary policies of Canada’s and the US central banks. It is…
The Japanese yen remained subdued today even after the Bank of Japan released rather optimistic report, promising growth for the nation’s economy. The BoJ released its Monthly Report of Recent Economic and Financial…
The Mexican peso fell today as Forex market participants were speculating that the US Federal Reserve will continue to reduce its monetary stimulus, hurting riskier currencies. Several Fed members…
Euro is struggling against other currencies right now, mostly lower as other currencies gain the upper hand, thanks to better economic data. Better data reports in the United States and United…