US dollar is trading mixed today, and is mostly rangebound, as Forex traders await developments.
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US Dollar Trades Mixed Today
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Euro Gains Ground on US Difficulties
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Euro is gaining a little ground today, recovering a bit from yesterday’s drop, and finding a degree of support at the psychologically important 1.30 level.
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Euro Steadies against Dollar after Spike on Weidmann Comments
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Euro is steadying against the US dollar after an earlier spike on comments made by an ECB official.
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UK Pound Struggles after Earlier Success
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UK pound is struggling right now, following earlier strength against the US dollar. UK retail sales data helped, but it hasn’t been enough for the pound to retain its gains against the greenback.
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Loonie Gains Support against Greenback on Recovering Commodities
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Canadian dollar is getting a little help today, heading higher after recent losses. The loonie’s success against the greenback is being helped along by higher commodity prices.
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US Dollar Loses Ground as Risk Appetite Returns
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US dollar is losing ground today as risk appetite returns to the market. Greenback is higher against the yen, but down against high beta currencies, particularly the euro.
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Kiwi Gets Boost Following Yesterday's Drop
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New Zealand dollar is getting a boost today, heading a little bit higher after yesterday’s drop. Kiwi is seeing some support, but more weakness could be ahead.
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UK Pound Struggles after Unemployment Numbers
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UK pound is struggling today, dropping as lackluster economic data continues to indicate that more stimulus is likely. This time, it’s about the unemployment numbers.
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Student Loan Rate Scheduled to Double on July 1
http://www.quizzle.com
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Once again, almost no one wants to see an interest rate hike on these student loans, but avoiding it might be a little more difficult this time around.
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Bitcoin Virtual Currency Taking Off, Gaining Popularity
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One of the more interesting currencies gaining ground right now is Bitcoin. This is a digital currency that provides users with a way to pay each other directly, without transaction fees.
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