The Japanese yen climbed to the highest level in more than a month today before retreating a little as Forex market participants feel uncertain as borrowing costs in European nations rise.

The yield for ten-year Italian notes climbed 23 basis points to 5.69 percent yesterday, the highest level since February 17. The yield of Spain’s securities matu

If you listen carefully, you can practically hear the whole of Germany moan. It was revealed on Tuesday that may need yet more money if the economy continues to deteriorate.

That news came from Miguel Angel Fernandez Ordonez, the head of the central bank, though concerns were already rising that some Spanish banks

US dollar is heading higher as uncertainty in the financial markets creates a demand for safe haven currencies. Greenback is heading higher against the euro and the UK pound. While the pound has been struggling most of today anyway, this development is new to the euro, a currency that had been seeing some strength earlier.

Right now, the US dollar

The Russian ruble was down today, falling for the third day, as prices for crude oil, the main nation’s export, declined amid concerns about the global economic recovery.

Futures on crude oil fell $0.16 to $102.30 per barrel in New York, following yesterday’s decline by 0.8 percent. The ruble depends on the performance of crude as the commodity is

The Swedish krona fell today after a report showed that nation’s industrial production declined significantly more than expected and as risk aversion damped demand for European currencies.

Industrial production fell 5.2 percent in February from January, compared to the median forecast of 0.3 percent. Annual decline was 7.1 percent, while an 

Risk aversion remains intact today, and that is weighing on the UK pound. Concerns about global economic growth are still plaguing the markets, and that means that the UK pound is struggling. Right now, the pound is down against the US dollar and the euro.

Since British and European markets were closed yesterday for Easter Monday, investors are j

(eToro Blog) News that adds more confirmation to a growth slowdown in China is once again affecting the European equity markets and putting a damper on oil prices. According to the most recent data, China’s trade balance for March is showing a surplus of 5.347 billion, well off the deficit of 1.300 billion e