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Day: January 8, 2016
January 82016
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. Now that some of the concern over China is easing, Forex traders and investors are looking at what could be next for the world’s economies. As traders contemplate the eurozone, concerns about what’s next are rising. […]
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January 82016
Greenback Gains on Employment Data
US dollar is heading higher today, gaining after the announcement of the latest job figures. With an unexpectedly high gain in jobs, the US economy appears to be on firm footing and many analysts are looking forward to more interest rate hikes. The US economy added 292,000 jobs in December, according to a release from the United States Department of Labor. Analysts and economists had expected a gain of 215,000, so this was a pleasant […]
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