Late yesterday, Greek officials announced that they were drafting an agreement for their creditors. The news halted the euro’s slide, as did an interest in the 19-nation currency by holidaymakers and others. Euro has seen…
The Japanese yen was weaker after the Bank of Japan policy minutes released earlier today. While the currency attempted to trim losses intraday, it resumed the decline as of now. The BoJ released the minutes…
After a bit of a rally, the Canadian dollar is struggling again. Even upbeat comments from the Bank of Canada can’t help the loonie overcome some of the realities of the current situation. Yesterday, the Canadian dollar…
The pound has enjoyed a rally recently, but that rally is slowing right now. Sterling is trading mixed today against its major counterparts. Earlier, the pound surged higher,…
The US dollar gained more than 1 percent against the basket of major currencies today, reaching the highest level in almost 8 years against the Japanese yen. Today’s economic data from…
The Japanese yen was the weakest major currency during today’s trading session. The yen slid not only against other majors, like the US dollar, but against commodity currencies as well.…
The New Zealand dollar fell against its US counterpart during the Tuesday’s trading session but gained against other majors, including the euro. Data from New Zealand showed that…
Greece is once again in the spotlight, and the euro has touched a one-month low against the US dollar today as concerns about Greek debt once again come to the front of mind. Euro slipped…
Canadian dollar is losing ground against some of its major counterparts today, but there has been a slight shift in the long-term outlook for the loonie. Even though the Canadian dollar is…
The Japanese yen was flat against the US dollar and gained on the euro after trade data from Japan had been released. Initially, the currency weakened against the greenback following the release but…