The Japanese yen continue to fall, heading to its recent record lows, on anticipation of additional aggressive easing measures from the Bank of Japan after the Group of Twenty gave Japan the go-ahead to reflate its…
The Canadian dollar closed flat versus its US peer yesterday, erasing its previous gains. The currency was also flat against the euro, paring losses. The loonie gained against the Japanese…
Euro is steadying against the US dollar after an earlier spike on comments made by an ECB official. Euro is moderating its gains, but it is still heading higher against…
UK pound is struggling right now, following earlier strength against the US dollar. UK retail sales data helped, but it hasn’t been enough for the pound to retain its…
The New Zealand dollar gained today even as macroeconomic reports suggested that economic growth in China is slowing, worsening prospects for New Zealand exports. The Conference Board’s leading indicators for China…
The South Korean won gained today as South Korea, Japan and China planned to coordinate efforts for resolving the political tension between North and South Korea’s. Previously, tensions were escalating after North…
The Japanese yen weakened today against all other most-traded currencies on speculations that the Group of Twenty will not accuse Japan of currency manipulations, allowing Japanese policy makers to push the currency…
The US dollar trimmed its losses against riskier currencies yesterday as macroeconomic data from the United States was worse than expected. The currency resumed its decline today as optimism returned…
Canadian dollar is getting a little help today, heading higher after recent losses. The loonie’s success against the greenback is being helped along by higher commodity prices. Canadian dollar…
Euro is gaining a little ground today, recovering a bit from yesterday’s drop, and finding a degree of support at the psychologically important 1.30 level. However, there are still some vulnerabilities with…