EUR/JPY, EUR/CHF under pressure early on risk-off Friday We shouldn’t be surprised by early movements in the so-called risk trades seeing as it is Friday and most traders seem to want to be square or short heading into the weekend. Read more on The Forex Market ...
Swiss Franc and Yen Offers Stand Out While Buck Remains Under Pressure Against Other Currencies Quite often, it is the times that investors least expect it, that the markets will once again shift and assume a different course. Read more on Daily FX via Yahoo! Finance ...
Euro Struggles to Maintain Rally, British Pound Remains Under Pressure The Euro is the best performing currency against the U.S. dollar on Wednesday, but the intraday rally looks to be tapering off during the North American trade, while the British Pound weakened for the second-day and the currency may continue to lose ground throughout the day ...
Euro Remains Under Pressure Ahead of ECB Rate Decision Fundamental Outlook The European Central Bank is widely expected to keep their benchmark interest rate unchanged at 1.00% amid the brewing sovereign debt crisis. Policy makers are also unlikely to remove stimulus measures until the crisis is over in order to aid governments who are slashing spending ...
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