The euro saw gains against virtually all of its main currency rivals yesterday, as the combination of positive Chinese, French and German data boosted confidence in the global economic recovery and encouraged risk taking among investors.
The euro was able to stage an upward correction against several of its main currency rivals yesterday, as hopes that a deal would soon be reached to provide Greece with a new round of bailout funds.
The USD/JPY shot up to a fresh seven-month high during afternoon trading yesterday, as speculations regarding the outcome of upcoming Japanese elections caused investors to shift their funds away from the yen.
Higher-yielding assets, including the euro and Australian dollar, saw modest gains to start off the week yesterday, as hopes that Greece will be able to secure a new round of bailout funds in the near future led...
The US dollar posted gains against several of its main currency rivals on Friday, as concerns regarding an economic slowdown in the euro-zone combined with speculations that the Bank of Japan will initiate a new round of...
The JPY fell against virtually all of its main currency rivals yesterday after it was announced that elections would be held in Japan, possibly as soon as next month. The US dollar also saw minor losses against...
The euro sunk to a fresh two-month low against the US dollar yesterday, as ongoing uncertainties regarding the next round of Greek bailout funds caused investors to keep their funds with safe-haven assets.
The euro largely remained within reach of its recent two-month low against the US dollar throughout yesterday’s trading session, as investors eagerly awaited news regarding the next round of the Greek bailout package.
Higher-yielding assets turned bearish on Friday, as slowing economic growth throughout the euro-zone led to risk aversion among investors. Of particular concern is the possibility that France and Germany, the euro-zone’s two biggest economies, may soon slip...
The euro fell to a fresh two-month low against the US dollar yesterday, as investors shifted their funds to safe-haven assets amid signs of economic turmoil in the US and euro-zone.
