The Australian dollar picked up today, erasing its previous losses, after the employment data came out better than expected, easing concern about economic slowdown in Australia. Australian employers…
The sell-off of the Japanese yen paused today after the currency reached lows not seen in several years, but bounced and rose against some majors, including the dollar, the euro and the pound. Today’s rally…
The Great Britain pound fluctuated today as traders felt uncertainty ahead of tomorrow’s policy decision of the UK central bank. At the same time, the sterling outperformed the euro, which was weakened by problems of the eurozone.…
Euro appears to be in consolidation mode right now, and is a little bit lower against other majors right now as a result. It’s also not helping that some doubts, helped…
US dollar is heading higher today against its major counterparts, gaining ground as economic concerns return to the world stage. For now, greenback is up against high beta currencies…
The Thai baht fell today on concerns that the Thai policy makers will intervene to curb appreciation of the currency, joining the so-called currency war. The baht, as well as other Asian currencies, was appreciating…
The Australian dollar fell for the second day against its US counterpart and declined against the Japanese yen as Australia’s retail sales unexpectedly fell in December, adding to signs of economic weakness of the South Pacific…
The Great Britain pound fell to the lowest level since August against the US dollar even as domestic fundamentals were supportive for the currency. The sterling traded near the strongest rate since January 2010…
The euro jumped today following yesterday’s slump as unexpectedly favorable macroeconomic data increased attractiveness of the currency, while hopes that policy makers will not prevent appreciation added to the euro’s strength.…
Japanese yen is losing ground today, heading lower after some show of strength earlier. Yen is retreating as the situation looks to be changing from one of risk aversion to risk…