The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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In Tokyo trading today, the common currency Euro held steady against the U.S. Dollar, retaining most of the gains derived from yesterday’s rebound.
The Euro slipped lower against the U.S. Dollar following the European Central Bank’s announcement that interest rates would remain unchanged and that the current monetary policy was appropriate.
The common currency Euro is in a holding pattern in Asian trading today, as investors await the outcome of today’s ECB meeting.
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The Canadian Dollar rose against the greenback in early trading in New York, as recent comments by the president of the European Central Bank encouraged investment into higher risk currencies.
The common currency continues to be put under significant pressure, today in Tokyo hovering near an 11-week trough versus the U.S. Dollar and the Japanese Yen, even as investors await word from the Eurozone policymakers on their next step to contain the Eurozone crisis.
The U.S. Dollar rose to a 2½ month peak against the Euro in New York trading today, as persistent worries about sovereign debt in the Eurozone put pressure on the common currency.
The EUR saw some decreases in Asia on Tuesday but most traders think the worst is ahead of us or the single currency. This comes as a result of a rescue package for Ireland failing to restore investor confidence In euro zone debt.
The Euro slipped near a 10-week trough in Asian trading today as investor worries mount over the Eurozone fiscal crisis.
The common currency Euro continues its descent in the wake of investor concerns about Eurozone debt; in focus this time is whether or not the Portuguese and Spanish governments will seek financial help to resolve their respective fiscal crises.
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Investor worries about Eurozone debt problems continues to wreak havoc on the common currency Euro, which remains hovering close to a 2-month trough versus the U.S. Dollar.
The Euro continues to struggle against the U.S. Dollar and Japanese Yen, in Asian trading today approaching a 2-month low, as investors continue to be nervous about Eurozone’s debt crisis which is in danger of escalating.
The common currency Euro struck a new 2-month trough versus the U.S. Dollar in Asian trading today following the Standard & Poor’s decision to lower the long term sovereign debt rating on Ireland from AA to A; the country’s short term debt rating was also lowered.
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Markets were encouraged after the government of Ireland’s official request to the joint mission, which was specifically created to help rescue their fiscally challenged economy, and helped to boost the common currency Euro in London trading. T
The Euro continued its upward trend in Asian trading today, boosted by encouraging signs that the growing Ireland debt and deficit problem is nearing a resolution