Safe haven currency The Japanese yen continues to slide as Forex traders expect more easing from the Bank of Japan. Comments from a political leader in Japan indicate that an aggressive policy of easing will be followed starting next month, and that has Forex traders already seeing increased weakness.
17 nation currency, Euro is moving a little bit higher today, gaining ground against the US dollar, even as concerns about the situation in Greece continue to take center stage. Even with the delay, though, the euro is eking out gains as expectations that greater efforts will be made in the future
From Britains currency, The Great Britain pound advanced against the euro today after talks among European Union finance ministers failed, increasing the appeal of the sterling as a refuge from the European crisis. The currency remained weak versus the US dollar
Meanwhile, The New Zealand dollar sank today versus its US counterpart after Japan cut its exports and the meeting of European finance ministers ended without meaningful conclusion. The kiwi, as the New Zealand currency is nicknamed, managed to advance versus the Japanese yen
AUD weaken after The Reserve Bank of Australia released its monetary policy minutes today, weakening the Australian dollar. The minutes suggested that further monetary easing is possible, while Australia's economy may grow slower than was previously anticipated
Daily forex news from Ontario Canada, The Canadian dollar fell against some of its major peers, including the US dollar and the euro, today together with falling prices for crude oil, the major Canada's export commodity. Losses were limited because of some good news for the currency
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