Daily forex news from Britain, The Great Britain pound was stronger after retail sales report, that was far better than anticipated, spurred speculations that the Bank of England may refrain from boosting its asset purchase program. The currency remained weak versus the euro
Euro is getting a boost today on improved risk appetite. Even though the situation in the eurozone continues to be one of uncertainty and economic difficulty, the euro is gaining ground today
Canadian dollar is slipping right now, following an earlier advancement. Trading has been somewhat choppy for the loonie in recent days, and now the currency is back below parity with the US dollar, and slipping against other majors as well.
Previous news, The US dollar fell today, following yesterday's gains on risk aversion. Today, traders were a bit more courageous after Hurricane Sandy hit the United States and damage was assessed. Positive US fundamental data also dampened need for safer assets
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