AUD/USD: Greenback Gives in to Aussie on King’s Day

The US dollar is keen to give in to a bullish start to the trades of its Australian counterpart’s weekly exchanges. Though price action initially dropped to a low of 1.0491, prices have swung back up with help from favorable risk sentiment as shown in the Australian equities market. Markets are closed in the United States today in lieu of Martin Luther King day, not to mention an inaugural address by the US president…

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EUR/USD: Greek Credit Rating Upgrade, German Ifo to Buoy the Euro

The Euro is believed to gain alongside the US dollar today after Standard & Poor’s raised Greece’s credit rating following its successful bond buyback program. Likewise, economic figures

USDCAD: Fiscal Cliff Hopes, Improved Q3 GDP Bring Sentiment on a High

The US dollar is up for some losses today versus the Canadian currency, as sentiment turns to optimism on account of upcoming economic data and on expectations that