The euro saw mild gains against most of its main currency rivals on Friday, as hopes that Spain will soon seek a bailout from the ECB boosted risk appetite with investors. Still, a lack of significant economic...
Risk aversion returned to the marketplace yesterday after disappointing economic indicators out of China and the euro-zone resulted in higher-yielding currencies and commodities turning bearish throughout the day.
After tumbling against virtually all of its main currency rivals during overnight trading yesterday, after the Bank of Japan (BOJ) announced a new round of monetary easing, the JPY was able to recover virtually all of its...
Despite a better than expected German ZEW Economic Sentiment figure yesterday, the euro took moderate losses over the course of the day, after hitting four-month highs against the USD and JPY earlier in the week.
The euro was largely able to retain last week’s gains throughout the day yesterday, as a slow news day resulted in relatively little movement in the marketplace. The USD/JPY saw minor upward movement yesterday, as investors grew...
The US dollar fell against most of its main currency rivals on Friday, a day after the Fed announced a new round of quantitative easing to stimulate growth in the US economy.
The dollar saw a mixed reaction against its main currency rivals yesterday, following the Fed’s decision to expand its bond buying program. Even though the move was widely anticipated, the market still saw substantial volatility, with the...
The euro shot up to a fresh four-month high against the US dollar yesterday, following a German constitutional court ruling that supported the ECB’s plans to combat the euro-zone debt crisis. The court ruling also resulted in...
The euro came within reach of a four-month high against the US dollar yesterday, as speculations that a German court will rule in favor of the euro-zone bailout fund led to risk taking in the marketplace.
After seeing significant gains across the board last week, the euro reversed some of its recent bullish movement yesterday during a slow news day. That being said, investors were hesitant about going overly bearish on the currency...