Euro is lower against the US dollar today, dropping below the 1.3000 level for the first time in about two weeks.
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Economy
Euro Drops Below 1.3000 Against the US Dollar
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US Dollar Lower Across the Board on Risk Appetite
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Greenback is down almost across the board as the situation for the global economy is expected to improve, and as risk assets fare in demand.
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Interest Rate Cut Further Off; Euro Gains Ground
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Euro is gaining ground today, heading higher as an ECB rate cut seems further off after German economic data. Also helping the euro is general risk appetite following Chinese data.
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German Data Helps Euro
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Euro is heading higher today, receiving some help from the latest German economic data.
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Yen Gains on Comments from Taro Aso
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Japanese yen is gaining ground today, thanks to the latest comments from Japan’s Finance Minister.
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US Dollar Gains Ground on Risk Aversion; Ready to Test 100-Yen Mark
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US dollar is gaining ground today, heading higher on risk aversion, and gaining strength from the fact that the economic recovery seems to be progressing.
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Mario Draghi Drags on the Euro
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ECB President Mario Draghi’s remarks on the euro and the eurozone economy are weighing on the 17-nation currency today.
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Aussie Gains as Risk Appetite Surges in Markets
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Australian dollar is gaining ground today, heading higher as risk appetite surges in the markets.
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Euro Heads Higher on US Economic Data
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Euro is heading higher today, even in the midst of a deteriorating outlook for the eurozone.
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Yen Mostly Lower after BOJ Minutes
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Yen is mostly lower today against its major counterparts following the latest release of BOJ minutes.
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