Euro is finding some support in Forex trading today, heading a little bit higher. Even though there are still concerns about what is happening in Europe, traders are looking for a little bit of respite from the risk aversion and gloom. So, the euro is a little bit higher right now, and other high beta currencies are seeing some success as well.

Eur

After a few days of gloom over Europe, risk appetite is making an appearance in the financial markets. US dollar is pulling back from recent highs against the euro and the pound, and heading lower as Forex traders look for a little extra yield, and as a degree of optimism is seen as moves are made to shore up Spain.

US dollar was headed higher

(eToro Blog) A birth date and an email address are all it takes to become one of Facebook’s estimated 800 million minions, but it will take a heck of a lot more than that to own even a single share of the social media giant. According to the SEC filing, Facebook will offer for public sale 337 million Class A s

(eToro Blog) Worries of a Eurozone breakup have recently escalated with Greece, but this recent news from Spain on the nationalization of Spanish lender Bankia will only exacerbate that sentiment. Nouriel Roubini, aka Dr. Doom, agrees and believes that Spain will lose market access by the year’s end and would n

(eToro Blog) Once again it is the events in Greece that is raising concerns of a possible Euro breakup to new levels. Only days after Parliamentary elections sent a clear message from the Greek constituency that the days of pain and austerity were over, the newly elected ruling parties are still unable to form a

Headlines like “Fear Returns To Markets As Europe Worries Escalate,” “Euro clouded by Greece and Spain worry” and “Markets dragged down by Greek worries” have become all too common within the past couple years. But are these so-called European worries really driving market downturns, or are they news sources’ go-to exp

The Australian dollar dropped, reaching the lowest level against its US counterpart this year, as Forex market participants anticipate a set of poor fundamental data from the South Pacific country today.

Australian employment is expected to fall by 4,800 in April, following the increase by 44,000 in preceding month. Analysts predict that the u