US dollar is rising as Greece once again takes center stage in the world markets. Greenback is gaining as concerns about what’s next for Greece — and the eurozone — weighs on risk currencies, especially the euro.

For now, Forex traders are looking for safe haven. With worries about Greece as European leaders meet in Brussels, there are worries

(eToro Blog) Slightly removed from the spotlight given the overwhelming focus on Greece, it’s easy to forget that there are other E.U. members which are also fiscally impaired. Earlier today, The Spanish National Statistics Institute reported that according to preliminary estimates, the Spanish economy c

The Turkish lira was down today after four sessions of gains as investors preferred a cautious approach during the discussions about a Greek debt haircut, avoiding riskier assets.

Today, leaders of the European Union gather at the first summit this year. Economists believe that an agreement about Greece’s debt writeoff would be achieved, but tr

The Chinese yuan appreciated today after the week-long holiday in China as the Federal Reserve pledged to keep interest rates low, weakening the US currency.

Analysts explain that the appreciation of the Chinese currency is a result of the weaker dollar, rather than an attempt of Chinese policy makers to make the yuan stronger. The Dollar Index was

(eToro Blog) With a relatively light economic calendar, Asian markets traded lower as skepticism focused on the EU economic summit starting today. The Nikkei was down 58 points, the Hang Seng was down 253 points and the Australian S&P ASX was down 14 points.  After the rate decisions last from BOJ, Fed and RBNZ,

(eToro Blog) As Davos wraps up and the E.U. economic summit gets under way, news out of the Eurozone this past weekend looks to set the course for a rocky trading week for the common currency. Greece, again, is at the forefront of the news on two separate fronts. First, the Greek government and its private

The euro had a rough time since the recession in 2008. Some people even talked about disintegration of the shared 17-nation currency. Such talks receded in 2010, but returned in 2011, though there are not many analysts who believe in a collapse in the eurozone, at least in the near future. Unfortunately for those traders who want to be bullish on