Daily forex news for today, US dollar is softening, thanks to better than expected economic news. All factory orders rose more than expected, and that is providing a bit of a boost for markets after yesterday's disappointing manufacturing index data
Meanwhile daily forex news from Ontario Canada we reporting, Canadian dollar is getting a boost in Forex trading today, heading higher as oil prices rise, and at the prospect of more quantitative easing in Europe, as well as stimulus in China. With other currencies on the verge of weakening in the name of economic stimulus, and the loonie is well placed to make some gains
From Tokyo Stock Exchange forex update, The Japanese yen weakened today as global stocks rallied on speculations that central banks of developed nations would cut interest rates to bolster slowing growth of their economies.
Daily forex news from Seoul, The South Korean won advanced today on speculations that the European Central Bank would decrease its main interest rate, bolstering the eurozone economy and improving prospects for exports of emerging economies, this speculations makes EUR The euro retreated today, following the huge gains on Friday, as the eurozone unemployment rate rose and investors speculated that the central bank may decrease its interest rates
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