In the previous European trading session, the Euro lost versus the US dollar, despite the seemingly positive result of the Spanish bank stress test, as markets remain doubtful whether Spain would ask for a bailout or not....
The New Zealand dollar is presumed to continue losing ground opposite the US dollar as investors pare back risk on further signs of a slowing global economy. Last Friday, concerns about Spain and the US economy dampened...
In the previous European trading session, the Euro lost versus the British pound after the Spanish government revealed economic reforms which are deemed by many as the initial step before it requests for bailout from the Euro...
In the previous Asian trading exchanges, the Australian dollar won versus the Japanese yen on speculations that the Chinese government would do more to trigger faster economic growth and boost equities, thereby resulting to a rally in...
Cash injection by the Chinese central bank earlier today looks unlikely to sustain a spur in risk appetite in the financial markets. Looking at the technical inclination of the USD/CAD pair, gains are being had by the...
In the previous European trading exchanges, the Euro lost against the British pound as outraged citizens of Greece and Spain took the streets and demanded that their respective governments take it slow on budget cuts to prevent...
In the previous European trading exchanges, the Euro gained versus the British pound by 55 pips as European Central Bank President Mario Draghi stood in defense of the central bank’s new bond-purchasing plan, after reports surfaced that...
The Euro held on to losses versus the British pound in yesterday’s trading exchanges following a report on German Ifo Business Climate, which showed a fifth consecutive drop of the index in September.
The skirmish between the ComDolls has the Canadian dollar gaining the upper hand over its Australian counterpart. An extension of late Friday’s bearish streak is seen to pick up today, as the currency pair feels the selloff...
The Euro lost to the Great British pound in the previous European trading session despite speculations that Spain is coming up with new economic reforms that bring it closer to making a formal request for rescue funds...
