US dollar is lower today after yesterday’s solid gains, and as lack of panic in Cyprus gives risk appetite a bit of a boost. There could still be strength for the US dollar coming…
The Japanese yen gained today as worries about the situation in Europe overshadowed the talks of Bank of Japan Governor Haruhiko Kuroda about monetary easing and weakening the currency. Kuroda was speaking today to the upper…
The Great Britain pound declined today against the US dollar and the Japanese yen after the data confirmed the contraction of economy in the last quarter. At the same, time the currency rose versus the euro, which was…
The Chilean pesos declined today as problems of various countries of the European Union left Forex traders unwilling to risk, driving them to currencies that offer higher safety. The last month’s election in Italy…
The Brazilian real fell today for seventh session, erasing the previous gains, even amid signs that the central bank is ready to intervene, preventing the currency’s losses. The real rallied initially after…
Euro is dropping rapidly against most of its major counterparts. With the uncertainty over Cyprus, and with Italy once again with its back to the wall, trouble is looming for the 17-nation…
Canadian dollar is surging against its European counterparts today, heading higher as the latest news on the economy helps the loonie. However, the Canadian dollar has fallen against the US dollar as uncertainty…
The New Zealand dollar jumped today after the nation’s trade balance posted a surplus that was much bigger than expected. The general positive market sentiment also helped the currency. The New…
The euro was falling today, but currently has recovered losses and it looks like the currency may yet even rally. Forex traders are digesting news regarding Cyprus and are…
Japanese yen is mostly lower today, dropping on expectations that aggressive easing will keep the Asian currency lower against its major counterparts. The Bank of Japan, with its new…