US dollar is losing ground today, thanks in part to concerns that the economy is not ready to recover at quite the rate some had come to expect.
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US Dollar Loses Ground Further on Lastest Economic News
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Euro Gets Boost from Confidence Report
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Euro is getting a bit of a boost today, thanks in part to the confidence report out of the eurozone.
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UK Pound Gets Small Boost Against US Dollar
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UK pound is getting a small boost against the US dollar today, thanks to some support from the latest CBI sales data.
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UK Pound Falls after Retail Sales Data
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After showing signs of mild recovery, the latest economic data out of the United Kingdom is proving disappointing.
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Political Infighting Takes Toll on Euro
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Disagreement over the vision of the eurozone is starting to take its toll on the euro. Lack of unified leadership at a time of economic difficult and continued sovereign debt crisis is contributing to the euro hitting a six week low in earlier trading.
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US Dollar Strengthens on Federal Reserve Comments
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US dollar is heading higher today, surging on the latest news from the Federal Reserve. Comments about the Fed’s quantitive easing program — and its potential end this year — are lending strength to the greenback.
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Euro Firms Against US Dollar Ahead of EU Meeting
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Even though there are expectations that Cyprus will need more support, and the situation with the eurozone is still a long way from resolved, the euro is finding support today.
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Euro Mixed Today as Oil Probe Continues
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Euro is mixed today on the Forex market as an oil probe looking into price fixing continues.
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Japanese Yen Remains Weak after GDP Reading
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The latest GDP reading for Japan has been released, and it shows an improvement for the first quarter of 2013. This news hasn’t served to strengthen the yen, however.
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Euro Drops as Germany and the ECB Disagree
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Euro has managed to make up some lost ground, though, paring its earlier losses as risk appetite rises on better equity performances. However, with commodities lower, the euro isn’t likely to find too much support.
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