6

Canadian Dollar Pulls Back on Commodities, China

www.topforexnews.com

Canadian dollar was higher in earlier trading, but has now pulled back. Thanks to concerns about lower commodities and the fact that disappointing data out of China is weighing on sentiment and high beta currencies, the loonie is now losing ground in some cases, particularly against the greenback.


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MMarquit's picture
22 weeks 11 hours ago – Made popular 21 weeks 6 days ago
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6

Eurozone PMI and Risk Aversion Send Euro Lower

www.topforexnews.com

Once again, disappointing data is front and center. Economic recoveries around the world aren’t going as well as expected, and that is weighing on high beta currencies like the euro.


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MMarquit's picture
22 weeks 11 hours ago – Made popular 21 weeks 6 days ago
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4

Euro Area Services Reading Helps Euro in Forex Trading

www.topforexnews.com

Euro is higher today, gaining ground as the latest euro area services reading from Markit Economics indicates continued expansion.


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MMarquit's picture
25 weeks 1 day ago – Made popular 22 weeks 23 hours ago
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4

UK Pound Struggles as Economic Data Weighs

www.topforexnews.com

UK pound is struggling today, barely etching out gains against major currencies. The latest services output data disappointed analysts today, showing a drop instead of an increase. Concerns about the UK economy are on the rise now, thanks to this latest data.


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MMarquit's picture
25 weeks 1 day ago – Made popular 22 weeks 23 hours ago
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4

US Dollar Index Pulls Back After Jobs Data

www.topforexnews.com

Earlier, the US dollar index had been higher, in anticipation of December’s jobs data. However, when the nonfarm payrolls report was released, it was rather disappointing and the greenback immediately began losing ground.


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MMarquit's picture
25 weeks 1 day ago – Made popular 22 weeks 23 hours ago
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4

Has the Japanese Yen Reached a Bottom?

www.topforexnews.com

There is some speculation that the Japanese yen might have reached a bottom. The yen is currently trading higher against its major counterparts today.


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MMarquit's picture
25 weeks 1 day ago – Made popular 22 weeks 23 hours ago
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4

Inflation: How Things Have Changed Since the Year of My Birth

plantingmoneyseeds.com

My, how things have changed! Inflation has made quite a difference in the 30+ years of my existence.


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MMarquit's picture
31 weeks 3 days ago – Made popular 22 weeks 1 day ago
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4

Euro Continues to Struggle, Even After Debt News

www.topforexnews.com

Even though the eurozone debt dropped for the first time in almost six years, and even though a recent poll shows that 57 per cent of investors feel that the worst is over for the eurozone, there are still concerns and the euro is struggling today.


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MMarquit's picture
26 weeks 15 hours ago – Made popular 22 weeks 1 day ago
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4

UK Pound Gains Ground After Unemployment Report

www.topforexnews.com

UK pound is moving higher today, surging ahead of its major counterparts on the latest unemployment report. As the unemployment rate fell to its lowest level in five years, there are expectations that the Bank of England will consider cutting back on its asset purchase program.


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MMarquit's picture
26 weeks 15 hours ago – Made popular 22 weeks 1 day ago
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4

Loonie Struggles to Regain Ground, Likely to Fall Further

www.topforexnews.com

Loonie is struggling to regain some of the ground it lost in earlier trading against the greenback. However, there isn’t a lot to support the Canadian dollar right now, and so it is expected to continue to struggle.


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MMarquit's picture
25 weeks 9 hours ago – Made popular 22 weeks 1 day ago
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