US dollar is paring some of its earlier gains as risk appetite begins to make an appearance today. After some political uncertainty in Europe weighed on the euro, the 17-nation currency is now…
The Russian ruble advanced today, erasing its previous losses. Earlier, the currency declined as the worsening market sentiment hurt prices for crude oil, Russia’s major source of export revenue. Futures on crude…
The Australian dollar fell today after the Reserve Bank of Australia indicated in its policy statement that an interest rate cut is likely in the future. The currency rose a little against the Japanese yen…
The New Zealand dollar fell today against its US peer as commodities retreated amid political turmoil in the European Union. The currency also dropped versus the Japanese yen after touching the highest…
The Canadian dollar rallied against the euro today as political turmoil in Spain undermined the strength of the shared European currency. The loonie erased its gains versus the US dollar and fell against the Japanese yen…
Did Forex traders get too excited about the euro recently? That’s what many are wondering as political concerns halt the recent euro rally and send the 17-nation currency plunging. Political…
The Australian dollar fluctuated today ahead of tomorrow’s policy meeting of the Reserve Bank of Australia. Today’s fundamental data was mixed, not giving the currency any particular direction to move. The RBA is…
The Great Britain pound remained strong today even after a report showed that Britain’s construction stayed in decline last month. The sterling advanced against the US dollar as likely the Friday’s huge…
The US dollar weakened against most currencies including the euro and the currencies of New Zealand and Canada this week. Yet the greenback managed to gain on some currencies, most notably the Great Britain pound…
The Japanese yen fell, reaching the lows not seen since 2010 against the US dollar and the euro, on talks that a new head of the Japanese central bank will increase stimulus as the nation’s economy…