After 3 days of gains, the Japanese currency weakened against the dollar and the euro before an eventual trade deficit that may be reported by the government for the last month period. The Japanese currency had consistently risen…
The euro weakened against the yen and slid to a one-month low against the U.S. dollar as the ECB policy makers are failing to reach…
The Confederation of British Industry is expecting the economy to contract even further than previous forecasts, such pessimism brought the pound to a one-week low against the greenback. Several reasons…
The Canadian dollar had the second day of losses against the greenback after a report indicating that the inflation slowed during the last month. The one-year inflation…
The euro fell this Friday against major currencies and hit a one-month low against the dollar after ECB President Jean Paul Trichet failed attempt to unite the…
The kiwi had its worst week in a two-month period against the yen as slumping growth in China indicates that the recession is far from its ending. Several factors made…
An economic report showed that the Chinese economy had the slowest growth in almost a decade, this favored the yen against high-yielding currencies. Several factors pushed the yen…
The increasing confidence in Prime Minister Gordon Brown helped the pound to rally to $1.50 for the first time in three months. The pound sterling has been showing a significant rise…
Great Britain pound traders’ optimism, suggested by the currency options market, indicate that a strong bullish sentiment against the euro is currently active on the Forex market.…
The Aussie and the kiwi lost ground against major currencies as producer prices and retail sales fell in the United States, changing the speculations about the global…