Risk aversion is back in vogue today, and that is weighing on the euro today. Indeed, euro is a little lower ahead of tomorrow’s expected ECB policy announcement.
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Risk Aversion, Eurozone Concerns Send Euro Lower
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Canadian Dollar Loses Ground on Wider Trade Deficit
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Canadian dollar is heading lower today as a wider trade deficit takes its toll. It’s also not helping that risk appetite, in general, is lacking today.
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Euro Swings Between Gains and Losses Against Dollar
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Euro is moving between gains and losses against the US dollar today. Trading has been choppy as Forex traders try to work through some of the uncertainty surrounding the two currencies.
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Manufacturing Data Boosts Euro
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The latest manufacturing data out of the eurozone is helping the 17-nation currency today.
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Japanese Yen Higher Against Major Counterparts
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Japanese yen is moving higher against its major counterparts today, gaining some ground as questions about the recent easing policies come to light.
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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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US Dollar Loses Ground Further on Lastest Economic News
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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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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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US Dollar Drops on Profit Taking and Repositioning
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US dollar is down against most of its major counterparts on what many consider profit taking right now.
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US Dollar Heads Higher as Risk Aversion Reappears
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Ben Bernanke may be daring investors to buy stocks, but this attempt at encouraging an investment in risk assets doesn’t seem to be working out today.
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