Author Archives: info@dailyforex.com

The Euro edged higher to 1.3219 during the Asian trading session recovering from a sharp and broad decline on Thursday as market players view less than sterling economic data as evidence that the Eurozone’s recession continue to press onward, the result that the ECB might consider a rate cut in the months ahead. Continue reading →

The U.S. Dollar gained during the Asian trading session after the release of the most recent minutes from the Federal Reserve’s latest policy meeting in January. Continue reading →

The Japanese Yen firmed against its major rivals, with the rise attributed to investor uncertainty as to how the Japanese government will move forward with what had been clearly viewed as an aggressively loose monetary policy now that there are signs o… Continue reading →

The Euro continues to edge lower against the U.S. Dollar following comments made yesterday by Mario Draghi, the head of the European Central Bank, who noted that the Euro’s recent rise was a risk to the Euro area’s economic outlook as well as to inflation. Continue reading →

The Japanese Yen weakened broadly during Monday’s trading session in Asia after the expected chastisement by the G20 members of the Japanese government’s outright manipulation of the currency failed to materialize. Continue reading →