The eurozone once again missed estimates for GDP and officials continue to talk about more stimulus. As a result, the euro is once against struggling against many of its major counterparts in Forex trading.…
US dollar is clinging to earlier gains following the release of disappointing retail sales data. The dollar index is higher today, even with the disappointing news and disappointment in the lack of stronger signals…
The Japanese yen pared its earlier losses against other majors, including the US dollar and the Great Britain pound, today. Economic data released over the Friday’s session from Japan was…
The Australian dollar continued to rise today for the third consecutive trading session. Yesterday, the currency demonstrated substantial gains due to an amazing jobs report from Australia. Australian employers added as much as 58,600…
Sluggish economic news is keeping the yen lower in Forex trading on the currency market. With economic news indicating a slow recovery, there is no reason to expect policymakers to quit easing…
ECB President Mario Draghi has signalled that there is a good chance that policymakers will add stimulus to the eurozone economy in December and that is sending the 19-nation euro down…
The Canadian dollar was little changed during Wednesday’s quiet trading. Markets in several countries, including Canada and the United States, are closed today due to holidays. Canadian markets were closed…
Expectations for the US dollar are dwindling today as Forex traders question the impact of a Fed rate hike in December, and as uncertainty over whether or not December’s rate hike will lead to further hikes…
The Australian dollar gained today, ignoring yet again disappointing economic data from China. Supporting the currency was news from Australia itself, being quite positive. China’s industrial production…
The Great Britain pound rose even though UK employment data released today was detrimental to the currency for the most part. The number of people claiming unemployment related benefits rose by 3,000 in October…