This week was not bad for the Great Britain pound as the currency strengthened against the US dollar and the Japanese yen. At the same time, the sterling closed weaker against the euro and the Australian dollar. As it…
The euro dropped against the US dollar amid concerns about the debt issue in the eurozone, but managed to rebound and closed near the opening. The currency rose against the Great Britain pound and weakened versus…
The Japanese yen closed higher against other most-traded currencies, failing to breach the 100 per dollar level and trimming weekly losses, as Forex traders felt aversion to risk amid uncertainty about…
After enjoying a solid performance earlier, the Canadian dollar is now heading much lower on a variety of economic concerns and a drop in commodities. Loonie is headed lower today as the latest US economic…
US dollar is mostly higher today, gaining against European currencies as risk appetite flees the scene. The state of Cyprus is once again in the news and having an effect. US dollar is…
The Great Britain pound dropped today even as a report showed that Britain’s leading indicators rose in February. The currency still headed to a weekly gain against the US dollar and the Japanese yen. The Conference…
The Thai baht advanced today, trading near the highest level since 1997. Other Asian currencies, except the yen, also advanced on foreign capital inflows. Investors are attracted to Asian economies,…
The Canadian dollar touched the highest level in seven weeks against its US counterpart as the positive market sentiment drove investors to assets that offer higher risk, but also bigger yield.…
The New Zealand dollar climbed today as data showed an expansion of the manufacturing sector. Not all fundamentals were good, but this did not deter the currency from reaching the highest level…
Euro is holding on to its gains against the US dollar and the Japanese yen right now, thanks in part to the news regarding those two currencies. However, there are still plenty of issues…