Daily forex news from Ontario we reporting, the Canadian dollar was slightly lower, dropping on concerns about the eurozone economy and worries about the US fiscal cliff. The latest jobs report out of the United States, though, is changing that situation, and risk appetite is creeping back into the markets
Eurozone 2013 outlook is poor, Euro is dropping today, falling to a nine-day low against the US dollar as Forex traders consider the disappointing economic outlook for the eurozone. A great deal of the concerns is coming from news out of Germany
From Tokyo forex news, The Japanese yen advanced today after an earthquake struck Japan, reminding the catastrophe of 2011, when a tremor was followed by a tsunami and a disaster on a nuclear plant. The yen tends to advance during times of fear
Kiwi's currency The New Zealand dollar was strong today, rising to the highest level since September versus the US dollar and the highest since March against the Japanese yen, after the Reserve Bank of New Zealand left its benchmark Official Cash Rate unchanged.
Meanwhile, The Great Britain pound dropped today against the US dollar and the Japanese yen after the Bank of England kept its official bank rate and the asset-purchase program unchanged. The sterling jumped versus the euro
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