NZD/USD: Kiwi Plunges as Unemployment Soars to 13-Year High
The New Zealand dollar is foreseen to weaken further opposite the US dollar today on a deteriorating economic outlook for the South Pacific economy.
Author: AlgosysFx
EUR/GBP: Bearish as the Greek Parliament Prepares to Vote on Austerity
Amidst the uncertainties surrounding the Euro area, the single currency won over the British pound in yesterday’s European trades as British home prices declined for a second straight year, on weak prospects for the UK economy and...
EUR/USD: Economic Gloom and Greek Concerns to Weigh on the Euro
The Euro is foreseen to lose additional ground opposite the US dollar today on increasing signs of deteriorating economic conditions in the bloc. Meanwhile, Greece is also garnering market attention as the debt-strapped nation braces itself for...
USD/CAD: Risk Low as Markets Focus on US Elections, Greenback Firms
After an optimistic labor market report last Friday, which showed that American employers added more workers than forecast to payrolls in October, risk confidence in the financial markets wane anew, and the USD/CAD is seen likely to...
EUR/GBP: Euro to Decline as Markets Focus on Greece and Spain
With Greece back in the spotlight as it struggles to secure a bailout tranche needed to ward off a potential bankruptcy, the Euro is deemed to lose ground alongside its British counterpart today.
EUR/GBP: Euro Falls as Markets Remain Pessimistic
In the previous European trading exchanges, the Euro gained versus the Great British pound as Bank of England Deputy Governor Charles Bean appeared to have dampened optimism towards the UK economy when he warned against being too...
EUR/GBP: Weak Economic Fundamentals Pull Down the Euro
Weak Euro Zone economic fundamentals caused the decline of the Euro in the previous European trading exchanges, while the Great British pound gained on speculations that the UK economy would avoid recession in the third quarter of...
NZD/USD: RBNZ Keeps Rates on Hold, NZD Gains
Central bank pronouncements from New Zealand earlier and the US yesterday are presumed to strengthen the Kiwi opposite the US dollar in today’s exchanges.
EUR/GBP: Euro Zone Encounters More Roadblocks
The Euro suffered losses versus the British pound on growing concerns that the debt crisis is worsening. The Sterling gained on the other hand as mortgage approvals rose to the highest level in September since April of...
EUR/GBP: Sterling Setting Up for Gains
The British pound looks to step in some gains over the Euro today as the single currency faces uncertainties in the economic front. On the other hand, the Sterling looks on track to rise as a report...