The Canadian dollar slumped against the euro yesterday as comments of European Central Bank President Mario Draghi boosted the shared European currency, while US retail sales were below forecast. Canada’s currency was flat against the US dollar.

US retail sales (seasonally adjusted) rose just barely by 0.1 percent in December, according t

(eToro Blog) The United States reported that retail sales grew 0.1% in December, much below market expectations. Sales grew to $400.6 billion. On a yearly basis sales grew 6.5% from December 2010. Holiday retail sales grew 4.1% from 2010 levels. Analysts and economists were expecting a growth of 0.4% in December after a 0.4% growth in November.

Ma

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The Great Britain pound fluctuated against the US dollar and slumped versus the euro today on speculations that the UK central bank will boosts its asset purchase program. The bank left the program and its main interest rates unchanged today.

The Bank of England decided to keep its official Bank Rate unchanged at 0.5 percent and maintained

Aussie is struggling higher against the US dollar today, working to regain some of the losses due to the latest Chinese inflation report. Aussie is running into some trouble, though, as Forex traders move between risk appetite and risk aversion. Conflicting signals are the order of the day.

Australian dollar is heavily influenced by China, one

The euro climbed today, erasing its yesterday’s losses versus the US dollar and the Japanese yen, after the European Central Bank left the main interest rate unchanged and ECB President said he sees signs that the European economy is stabilizing.

Europe’s central bank kept its minimum bid rate at 1.0 percent as was expected by economists. Mario

US dollar is lower across the board this morning as the Libor falls for borrowing dollars and euros. The London interbank market also saw a narrowing in the spread of three-month dollar Libor and overnight index swaps. However, the latest US jobs data might change things; the US dollar is only slightly lower and could easily gain strength if risk