Posts published in June 2013

Euro is heading lower today as risk aversion makes an appearance. China’s stocks slid unexpectedly, and many are starting to look at the emerging markets in the eurozone as problem areas. With bond yields…

The Polish zloty fell today. The recent weakness of the currency led to speculations that the central bank will not be able to cut interest rates again as this can damage the zloty further.…

The US dollar had amazingly good week as the signs of an end to Federal Reserve’s quantitative easing helped the currency to soar, outperforming all other most-traded currencies. The Fed’s policy announcement overshadowed all…

The Japanese yen closed little changed versus the euro and the Great Britain pound at the last session of this trading week, but lost to the US dollar. The Forex market is still trying to digest…

The US dollar closed higher today, rising for the third straight day against the euro and for the fifth consecutive session versus the Japanese yen, as risk aversion continues to drive the currency up. The Dollar Index…

Canadian economic releases disappointed today, and with the dollar dominating everything in sight, it’s little surprise that the loonie is lower. Earlier today, Statistics Canada released inflation numbers that…

Euro is heading lower today, dropping as risk aversion sets in, and as the dollar dominates the markets. Uncertainty over the eurozone, combined with the expectation that the Fed will end quantitative easing…

The South Korean won recovered a bit today, following the previous massive slump. The currency was still heading to a big weekly loss. The prospects for an end to Federal Reserve quantitative easing scared investors…

The Polish zloty gained today, bouncing from the previous huge slump, as nation’s bonds rallied and traders speculated that the drop was excessive. The yield on bonds maturing in 10 years dropped seven…

The Swiss franc rose today after the central bank left its monetary policy unchanged, keeping the cap on the currency intact, but refraining from any unconventional measures to spur growth. The Swiss…