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Dollar Index Moves Above 99.00

US dollar index is moving higher today, even as the greenback itself trades mixed. There is reason to suppose that the dollar will retain support, thanks to global economic uncertainty.

Euro Mostly Lower on Bank Concerns

Euro is mostly lower today, thanks in part to concerns about various banks and the possibility of more stimulus. All eyes are on the ECB to see what the next move might be.

US Dollar Continues to Gain Ground as Uncertainty Remains

US dollar is heading higher today against many of its major counterparts, thanks in large part to some of the uncertainty still in the markets. With the concerns about China, the United States remains the economic safe haven.

European Bond Yields Remain in Check

Bond yields in the eurozone are still in check, thanks in large part to better news out of China and better stock performance. The euro is heading a little lower, and there are expectations for the 19-nation currency to struggle the rest of the year.

Australian Dollar Firms with Market Sentiment

Today, the Australian dollar rose together with other currencies linked to growth and commodities as positive trade data from China helped to alleviate risk aversion on markets.

Aussie Heads Higher on Yuan, But Gains Likely Short-Lived

The Australian dollar is higher today, thanks in part to the recent decision to strengthen the yuan. However, the gains are likely to be short-lived, as the Australian economy relies heavily on China.

Loonie Gets a Little Help from Oil Prices

Loonie is getting a little help today in currency trading on the FX market. Canadian dollar is a little higher as North American markets are set to open a little higher, and as oil prices inch up.

NZ Dollar Fights to Bounce amid Adverse Fundamentals

The New Zealand dollar rose a little today, but gains were limited as fundamentals were not particularly positive to the currency, which has been in decline since the beginning of the year.

Euro Heads Lower as Economic Concerns Weigh

After maintaining some degree of strength this week, the euro is heading lower today. Economic concerns are weighing on the 19-nation currency, and comparisons are again being made with the US economic recovery.

UK Pound Continues to Soften Against Dollar and Euro

UK pound is heading lower again, dropping as concerns about the economy continue to weigh. This time slightly disappointing PMI is leading to a lower sterling.

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