After dropping below the 1.2800 level against the US dollar earlier today, the euro is gaining on the day. Risk appetite and a commitment to the euro are helping the 17-nation currency regain some of its…
The Great Britain pound jumped today after the Bank of England kept the monetary policy unchanged and the service industries expanded with faster pace than was anticipated by analysts. The BoE decided to keep…
The new easing plan from the Bank of Japan has the yen dropping rapidly today. Yen is down against its major counterparts today as Japanese leaders announce a very aggressive easing…
The Australian dollar gained today on better-than-expected macroeconomic data and as the Reserve Bank of Australia will retains it Governor for an extended term. The currency slipped versus the Japanese yen yesterday, but was flat…
The Canadian dollar fell today as crude oil, as well as other commodities, declined after Automatic Data Processing released a worse-than-expected employment estimate. Crude fell as much as 2.7 percent to $94.55 per…
The South Korean won rose against the US dollar today despite the threat of war between South and North Koreas. The currency remains under pressure as investors are selling South Korean stocks.…
Euro is struggling against some of its major counterparts ahead of the next ECB meeting. While the euro is higher against the US dollar right now, the 17-nation currency is heading…
The latest private payroll report, for March, is in, and it shows the slowest job growth in five months. As a result, the US dollar is heading a little bit lower, thanks to the concerns about…
The Russian ruble declined today as the problems in Europe made Forex traders less willing to risk and reduced their interest in assets of emerging economies, resulting in biggest outflow of capital from Russia in a year.…
The Canadian dollar continued to rise today as positive macroeconomic data from China and the United States invigorated performance of commodity currencies and made them more attractive to Forex traders. China’s non-manufacturing Purchasing…