The euro saw gains across the board yesterday, after positive comments from an official at the European Central Bank regarding the euro-zone’s ability to combat the region’s debt crisis led to risk taking in the marketplace.
The euro fell once again during the European session yesterday, following the release of a disappointing German Flash Manufacturing PMI. The news was taken as a sign by investors that the euro-zone crisis is weighing down on...
Rising Spanish bond yields combined with fears that the country will soon need an international bailout sent the euro to new lows against its main currency-rivals yesterday. The EUR/USD fell to its lowest level in more than...
Renewed concerns regarding the debt situation in Spain sent the euro plunging to fresh lows against several of its main currency rivals, including the US and Australian dollars and the Japanese yen on Friday.
Higher yielding assets like the Australian dollar saw significant gains during the European session yesterday after several positive global indicators led to risk taking in the marketplace. In addition, the ongoing tensions between Iran and the West...
The euro fell against virtually all of its main currency rivals during the European session yesterday, after pessimistic comments from German Chancellor Merkel led to risk aversion in the marketplace. Turning to today, several potentially significant US...
The US dollar saw significant gains during the afternoon session yesterday, following a speech from Fed Chairman Bernanke which resulted in investors shifting their funds back to the greenback. Turning to today, dollar traders can anticipate another...
The US dollar saw a bearish day yesterday vs. the Japanese yen, following worse than expected US Retail Sales and Core Retail Sales figures which signaled to investors that the American economy still has a long way...
The euro was able to bounce back from a two-year low against the US dollar on Friday, as Chinese economic indicators led to a moderate amount of risk taking in the marketplace.
The US dollar climbed to a fresh two-year high against the euro yesterday, as investor pessimism in the euro-zone economic recovery combined with a better than expected US Unemployment Claims figure helped boost the greenback.
