The UK pound can’t seem to gain the upper hand against the euro today, even though the eurozone remains in turmoil. Even with the difficulties being caused by Cyprus, euro still has the advantage…
The US dollar is set to end the week lower, in spite of showing strength earlier. Forex traders and investors waiting to see what the final outcome of the situation in Cyprus is, along with what…
Euro is down pretty much across the board today, heading lower as regional economic data drags on the 17-nation currency. The slide for the eurozone appears to be accelerating, raising concerns about recession,…
Aussie dropped earlier in trading as ALP Labor veteran Simon Crean called for a leadership spill. The Australian dollar dropped as political uncertainty reigned in Australia. Concerns about Julia Gillard’s stint as Prime…
Japanese yen is heading lower as risk appetite makes an appearance on the Forex market. The news out of Cyprus is indicating a certain level of improvement — and showing that the ECB is serious about…
Canadian dollar is on the rise today, gaining against the US dollar as better economic data is expected, and as the situation in Cyrpus eases some. Today it’s about risk-on in Forex trading, and loonie…
Euro is heading lower against its major counterparts today, thanks in large part to uncertainty over the vote in Cyprus. Once again, questions about the euro’s stability are being raise,…
Tomorrow, George Osborne, the Chancellor of the Exchequer in the United Kingdom, is set to release his latest budget. The result has been mixed for the UK pound for now, but many expect that more…
Right now, even though the US dollar is a bit lower against the euro, there is still evidence of dollar strength. The US dollar index has shown itself resilient this…
Euro plunged in value to start the week, thanks in large part to the latest banking crisis, located in Cyprus. An unprecedented bank tax caused consternation over the weekend, and renewed fears about banking problems…