Yen Continues to Gain on Risk Aversion
Risk aversion continues to be a theme in the markets today, and the Japanese yen is moving higher as a result.
View ArticleUS Dollar Retains Upper Hand Against European Counterparts
US dollar is retaining its upper hand against counterparts today as the good news about initial jobless claims offers speculation that an improving jobs situation could lead to an interest rate hike.
View ArticleCanadian Dollar Makes Up Some Lost Ground
After disappointing data at the end of last week, the loonie headed lower, but today the Canadian currency is making something of a turnaround.
View ArticleEuro Moves Higher In Spite of Draghi Plan and Economic Data
Euro is moving higher today, even though there is a plan from ECB President Mario Draghi to add another $1 trillion to banks, and even though economic data in the eurozone has proved disappointing.
View ArticleEconomic Data Helps Pound Against Euro
The pound may be retreating a bit against some of its counterparts, but sterling is seeing solid support against the euro today.
View ArticleEuro Lower Pretty Much Across the Board
Euro is lower pretty much across the board today, heading down as Forex traders consider policy divergence and whether or not the periphery countries will be able to sustainably move out debt.
View ArticleEuro Drops Below 1.3600 Level Against US Dollar
Euro has dropped below the 1.3600 level against the US dollar, and is down against other major currencies as well.
View ArticleCould Copper Hold the Key to Loonie Performance?
While we often think of the loonie as a petrocurrency, the truth might be that it is really more closely related to copper — and that might be giving the Canadian dollar a boost today.
View ArticleEuro Turns it Around After Earlier Difficulties
A little bit of risk appetite is helping the euro turn things around today after earlier difficulties.
View ArticleDraghi's Proposal for the Eurozone Doesn't Help Euro
European Central Bank President Mario Draghi has called for new economic rules in the eurozone.
View Article
