The US dollar had another week of gains, posting the second weekly gain against other most-traded currencies, including the euro, the Great Britain pound and the Japanese yen. The main theme for Forex traders…
The last trading session of this week was mixed for the Great Britain pound. It fell versus the US dollar, rose against the Japanese yen and trimmed the drop versus the euro. The sterling felt…
The Canadian dollar dropped today as nation’s economic growth slowed, leading to speculations that the central bank will not be able to tighten the monetary policy in the near future. The currency managed to advances…
US dollar is making its move. After heading lower against some of its major counterparts, notably the euro, greenback is heading higher again as uncertainty takes hold and risk…
Euro is gaining ground today, heading higher, even though there are still deep issues that need sorting out in the eurozone, and even though a measure of contraction is still…
The Hungarian forint advanced today as the nation’s current-account balance posted bigger surplus in the last quarter than was expected by specialists. The Hungarian current account posted an excess of â¬549 million in the first quarter…
The ruble appreciated today as prices for Brent grade of crude oil rose and exporters were buying the currency to pay taxes. Futures for Brent crude rose 0.03 percent to $102.85 per barrel today.…
The Japanese yen fell today as comments of US policy makers made investors less scared and reduced demand for the currency as a safe haven. Not that need for safety was helping the yen previously.…
US policy makers are trying to downplay expectations of stimulus reductions that spurred risk aversion on the Forex market. Such attempts weakened the US dollar against some currencies, including the euro,…
Canadian dollar is getting a bit of help today, thanks largely to the risk appetite brought on by European confidence. Risk assets are in demand today, and that is providing some support to the loonie…