Canadian dollar is declining against the US dollar for the third day in a row as the Federal Reserve begins its two-day meeting.
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The Japanese yen is weaker today, losing ground as the G8 seems to approve the stimulus measures taken on by Japanese policymakers in an attempt to stimulate the economy.
Earlier today, a member of the European Council proclaimed the euro “safe” and the eurozone economy on the road to recovery.
Australian dollar is gaining against the US dollar as questions about what’s next for the US dollar continue, and as the situation shows improvement Down Under.
US dollar index is higher today. As the week begins, greenback is showing some strength, although it is lower against some individual currencies, like the euro.
Euro is heading lower today, pulling back after yesterday’s bounce. Once again, Forex traders are looking to the future, and wondering if — perhaps — Mario Draghi’s optimism yesterday was a bit overdone.
US dollar is heading higher today following the most recent payrolls data. The result is adding a bit of confusion, though, since it muddies the water as to what might be next for the Federal Reserve.