EUR/JPY: Euro Buoyed by Positive Signs of Euro Zone Recovery

The Euro is deemed to outclass the Japanese yen today as signs continue to emerge that worst of the Euro Zone crisis has passed. A business survey suggested that the economy is recovery while the European Central Bank’s balance sheet shrank to the smallest in almost a year after banks started to repay emergency loans. In contrast, Bank of Japan Governor Masaaki Shirakawa’s move to leave office earlier than expected is seen to weigh further on the Yen.

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EUR/USD: Euro Seen to Gain as Draghi Expresses Optimism

The Euro is believed to resume its gains alongside the US dollar today as European Central Bank President Mario Draghi suggested that the worst of the Euro Zone

EUR/GBP: Dampened Talks of Further Stimulus Boosts the Euro

The Euro is likely to maintain its gains opposite the British pound today after European Central Bank President Mario Draghi delivered an optimistic outlook for the Euro Zone

EUR/USD: German Data, ECB Outlook Set to Support the Euro

The Euro is deemed to resume its advance opposite the US dollar today as analysts predict that the European Central Bank will keep interest rates unchanged tomorrow in

NZD/USD: Kiwi to Drop on Labor Data and Euro Zone Woes

The New Zealand dollar is forecast to extend its slide opposite the US dollar today as outlook for the domestic economy continues to deteriorate on the dismal jobs

EUR/GBP: Euro Zone Encounters More Roadblocks

The Euro suffered losses versus the Great British pound on growing concerns that the debt crisis is worsening. The Sterling gained on the other hand as mortgage approvals

EUR/USD: Euro Slips on Economic Uncertainties

The Euro slipped against the US dollar today as the single currency faces uncertainties in the economic front. Corporate earnings reports are also spurring demand for the safety

Euro Stabilizes; Is the ECB Ready to Act?

After an extremely hard sell-off which began Monday, theEuro stabilized on Friday and actually finished higher for the day. With theway information has been distributed this week, who

Financial Markets Review by Lloyds TSB

The pound was buoyed by data this week suggesting the UK could emerge from recession as early as the current quarter. This saw £/$ briefly rally though 1.66

Financial Markets Review by Lloyds TSB

The financial markets have latched on to some positive signs for economic recovery in recent weeks after an unrelenting series of negative news in previous months. Summary of