The Great Britain rose against the US dollar and the Japanese yen, but was stable against the euro after weakening yesterday. The moves were small as mixed fundamentals did not give the currency…
Euro is struggling today. Even though the 17-nation currency is gaining ground against the US dollar, it has been down against other majors (but it seems to be…
The Thai baht gained today, reaching above 29 per dollar for the first time since 1997, as excessive quantitative easing in Japan led to capital inflows to other Asian nations, including Thailand.…
US dollar is pulling back against high beta currencies today, heading a little bit lower as risk appetite appears. Good news out of China is helping the situation, even…
The Australian dollar climbed against the US dollar and the Japanese yen today as quantitative easing in the United States and Japan increased attractiveness of currencies with higher yield. Excessive accommodative monetary policies are…
The Japanese yen paused its downfall today, but still trades near multi-year lows against other majors and is likely to continue experience weakness as the aggressive monetary policy erodes currency’s…
The Canadian dollar fluctuated against its US peer as investors were unsure about prospects for the Canadian economy. The currency fell against the euro and rallied versus the Japanese yen. The last week’s terrible…
The Great Britain pound was rallying recently following weakness in the first half of March. Is the rally sustainable or it is just a pause before a drop to new lows? Analysts have mixed…
The Hungarian forint gained today as the central bank started meeting with commercial lenders to discuss plans to encourage loans and spur economic growth as a result. The Magyar Nemzeti Bank discusses with private…
UK pound is mostly lower today, thanks in large part to economic weakness. Economic reports point to continued difficulties in the United Kingdom, and that is leading to expectations of more easing — and continued…