Euro Continues Bearish on Fiscal Crisis

The euro ended another week losing versus most of the 16 main trading currencies as a concrete rescue plan for several Eurozone members budget crisis hasn’t been proposed by government officials, bringing…

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Europe Economic Data Extends Euro’s Downtrend

The euro is going to finish another week posting losses versus most of the 16 main traded currencies after GDP figures published today for the European Union showed worse-than-expected numbers for the region…

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Pound Down on China’s New Requirements

China brought risk aversion once again to high levels before the end of this week’s session after it announced new lending requirements for banks, making the pound to trade towards another…

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Ruble Benefits From Oil Rally

Russia is one of the main suppliers of oil for Europe, and today, as the energetic commodity continued to climb, the ruble profited from renewed confidence in trade markets and gained versus several currencies of its trading…

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Canadian Dollar Advances on U.S. Jobless Claims

The Canadian dollar continued to gain today versus its U.S. counterpart as risk appetite rose considerably in North America after U.S. jobless claims declined beyond expectations raising demand in markets…

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EU Position Towards Greece Affects Euro

The euro tumbled today after an EU summit in which traders were frustrated by lack of initiative from other bloc’s members to help Greece to prevent its budget crisis to worsen, impacting the continent’s…

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Yen Declines on South Pacific Positive Reports

The yen started this Thursday losing versus the main South Pacific currencies as reports in the region brought risk appetite high in foreign-exchange markets, after confidence that the economic pace will accelerate…

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Australian Dollar Climbs on Employment Improvent

The Australian government brought risk appetite high in the beginning of this Thursday trading session after an employment report published in the country showed better than expected figures, attracting investors to purchase assets…

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Canada’s Dollar Rallies on Optismism

The Canadian dollar profited today from different factors that allowed optimism to penetrate equities and commodities markets, extremely influential on the loonie rates, that touched the highest level in one-week versus its…

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