The US dollar is set to end the week lower, in spite of showing strength earlier.
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Economy
US Dollar Set to End Week Lower
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Pound Can't Get the Upper Hand Against the Euro
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The UK pound can’t seem to gain the upper hand against the euro today, even though the eurozone remains in turmoil.
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Aussie Recovers to Some Degree after Leadership Spill Request
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The Australian dollar dropped as political uncertainty reigned in Australia. Concerns about Julia Gillard’s stint as Prime Minister weighed on the Australian dollar.
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Euro Down on Regional Economic Data
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Euro is down pretty much across the board today, heading lower as regional economic data drags on the 17-nation currency.
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Loonie Rises on Economic Data, Cyprus
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Canadian dollar is on the rise today, gaining against the US dollar as better economic data is expected, and as the situation in Cyrpus eases some.
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Japanese Yen Heads Lower as Risk Appetite Returns on Cyprus News
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Japanese yen is heading lower as risk appetite makes an appearance on the Forex market.
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Annual European Bailout Returns
http://novelinvestor.com
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Once again, Europe has taken the center stage in the global economy. This time the bailout involves Cyprus.
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UK Pound Prepares for Possible Monetary Policy Change
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The result has been mixed for the UK pound for now, but many expect that more weakness is probably ahead for the sterling.
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Euro Dips as Cyprus Levy Goes to a Vote
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Euro is heading lower against its major counterparts today, thanks in large part to uncertainty over the vote in Cyprus.
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Euro Manages to Log Gains after Offering Flexibility to Cyprus
http://www.topforexnews.com
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Euro plunged in value to start the week, thanks in large part to the latest banking crisis, located in Cyprus.
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