The Japanese yen climbed today against most major currencies as signs of global economic slowdown made investors seek safety, sending stocks and commodities down together with currencies related to growth.…
The Canadian dollar jumped today against its US counterpart and trimmed losses versus the euro after the policy meeting of the Canadian central bank. At the same time, the currency declined against the Japanese yen.…
US dollar is down against most of its major counterparts on what many consider profit taking right now. With Forex traders preparing to reposition themselves in light of the next round…
UK pound is getting a small boost against the US dollar today, thanks to some support from the latest CBI sales data. While the help is rather small, it’s a little…
The Malaysian ringgit fell today as speculations about an end to US Federal Reserve’s quantitative easing continued to eat away risk appetite, spooking investors from riskier currencies. Last week’s comments…
The Thai baht weakened today after the central bank eased its monetary policy on concerns about slowing economic growth. The Bank of Thailand cut its main interest rate by 0.25 percentage…
The Japanese yen fell today on outlook for continuing accommodation from the Bank of Japan that will push the currency to the downside. Weaker currency is one of the aims of the central bank that should support…
The Canadian dollar fell against its US peer today as traders were speculating about an end to Federal Reserve’s quantitative easing. At the same time, the currency was little changed versus the euro…
Economic data is supporting the US dollar today. With the best economic confidence readings in a long time, some think that the Fed will be forced to reduce its easing efforts…
Euro is heading lower today, faltering even as yields in the eurozone drop. With the ECB expected to keep loose monetary policy the norm, it is little surprise that the euro is…