Category Archives: News

Last Friday, inflation data from Canada showed a mild 1.2% prompting investors to speculate that the Canadian central bank will likely consider an interest rate cut later this week. Continue reading →

There was little change in the Euro which again held close and just below the recently struck 1-month high; analysts say that fresh impetus will be needed to retest the September peak, though it is unlikely to find it today even with the conclusion of… Continue reading →

The Euro held close to the 1-month peak struck on Wednesday and risk sentiment got a boost from a drop in Spain’s bond yields, better than expected housing data from the U.S. and a possible year-end rebound in the Chinese economy. Continue reading →

The Euro earlier struck a 1-month peak against the U.S. Dollar following Moody’s affirmation of Spain’s credit rating, instead of the downgrade into junk status that had been expected. Continue reading →

The U.S. Dollar held near to a 1-week high versus the Yen during the Asian trading session today; see why here. Continue reading →

As the week begins the Euro remains under pressure and dipped lower against the USD as market players insist on getting some clarity in the Spain bailout situation. Continue reading →

The Euro snapped a 3-day losing streak on Thursday and continues to edge higher during the Asian trading session after the International Monetary Fund supported the efforts of fiscally troubled Eurozone nations which has requested additional time to me… Continue reading →

The Euro continues to downtrend as Spain’s fiscal problems continue to plague investors who are concerned about the country’s bailout prospects. Follow the story on DailyForex.com. Continue reading →

The Euro slipped to its lowest level in more than 1-week against the U.S. Dollar and Japanese Yen as investors returned to the safe haven assets following the release of the IMF’s global growth forecasts which was unexpectedly lowered again. Continue reading →

A new statement from E.U. policymakers says that Spain doesn’t need a bailout quite yet – see how this news will affect the currency markets. Continue reading →