Euro is struggling a bit on the currency market today, following an expected interest rate decision from the European Central Bank. Concerns about growth in the eurozone continue to weigh on the 18-nation currency, and there…
The latest growth outlook for the UK economy is pushing the pound higher today. Pound reached a five-week high against the euro, thanks to the fact that the United Kingdom is expected to see greater…
The US dollar was demonstrating a lackluster performance until recently as the Federal Reserve kept its extremely accommodative monetary policy, while debt and budget issues made the safe haven role of the US…
Yen is lower against most of its major counterparts today, dropping as continued easing from the Bank of Japan is expected. Even with some of the recent improvements to the Japanese economy, “Abenomics”…
Is the US dollar getting ready for a revival? With a recovering economy, the United States looks poised to surge ahead of other economies, and the greenback is reclaiming its strength as a premier world currency.…
Over the past few years, a number of currencies have done what they can to weaken a bit in order to stimulate economies and gain an edge in global trading. Now it appears that Canada…
UK pound is struggling today, barely etching out gains against major currencies. The latest services output data disappointed analysts today, showing a drop instead of an increase. Concerns about…
Euro is higher today, gaining ground as the latest euro area services reading from Markit Economics indicates continued expansion. The expansion is at a slower rate, true, but it’s still…
US dollar is mostly higher today, getting a boost from economic expectations for the new year. Greenback is gaining against its European counterparts, even though it’s lost ground…
It’s a brand new year, and a new country has joined the eurozone. At midnight local time, Latvia became the 18th country to join the eurozone. The euro is down to start the New Year, with…