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Euro Rises on Optimism, Mario Draghi’s EFSF Prodding — Forex News

Euro is heading higher today, gaining after four days of losses. Forex traders hope that the ECB’s buying of Spanish and Italian bonds will slow yiel[...] read more »
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Japan's Economy Recovering from Earthquake and Tsunami

Japan's economy appears to be doing well, months after a devastating earthquake and tsunami that struck the country. GDP growth headed higher in Q3,[...] read more »
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China Conditions for Eurozone Debt Help: Rejected

European leaders reject Chinese conditions for debt help, which include more influence at the IMF, and "market economy" status. read more »
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Aussie Drops in Forex Trading on Risk Aversion

Aussie heads lower as risk aversion sets in, thanks to developments in the eurozone, especially Italy. read more »
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U.S. Dollar Rangebound in Forex Trading

Many currencies are rangebound this morning, waiting for what comes of the Italy vote scheduled for later this afternoon, Rome time. read more »
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China Pledges to Move Currency Closer to Market Float

China vows to take steps (albeit gradual steps) toward a free-floating currency. read more »
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Unemployment Claims Dip Below 400,000

Unemployment claims are lower today, adding a little optimism to the markets. However, most investors are fixed on the eurozone. read more »
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QE3 Likely to be Put Off -- For Now

Right now, most markets are trading on the latest news to come out of the eurozone -- whatever that news ends up being. As a result, the conclusion o[...] read more »
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What's Next for the Eurozone?

With Greece allowing a referendum, does this mean the break up of the eurozone? At the very least, the chance that Greece defaults on its debt has be[...] read more »
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US Dollar Rises on Safe Haven Demand

US dollar is rising today against major currencies as a safe haven. Concerns about what’s next for the global economy are causing Forex traders to lo[...] read more »
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Bank of Japan Intervenes to Send Yen Lower

The Japanese yen is heading lower in forex trading on the currency market today, down as the Bank of Japan intervenes to halt a recent rise in the ye[...] read more »
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U.S. Dollar Down Across the Board as Markets Celebrate Eurozone Deal

U.S. dollar lower as risk appetite takes hold of the forex market on eurozone deal. read more »
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Bank of Japan Considering Intervention as Yen Rises in Forex Trading

Will the BOJ intervene to halt the yen's rise? It probably depends on what happens with the eurozone summit. read more »
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U.K. Pound Heads Higher in Forex Trading

UK pound heads higher in forex trading today, even with unrest caused by anti-EU protests. read more »
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Loonie Heads Higher in Forex Trading

Canadian dollar gains in forex trading, thanks to risk appetite, higher oil. read more »
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