US dollar is rising slightly against the pound and the euro, reversing some earlier weakness against the currencies earlier. In earlier trading, greenback slipped as speculation began that the Fed would end its policy of low interest rates before the middle of 2013.

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UK pound is heading higher against the euro right now, thanks to the news that Moody’s is planning to review many of the countries in the eurozone. The possibility of downgrades has been floated, and that is impacting the euro in its performance against the pound.

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The New Zealand dollar edged higher today after the fundamental reports from Europe improved the market sentiment somewhat, while the report about the US retail sales later today is expected to show growth. The currency dropped heavily yesterday.(...)
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The euro traded flat today as the pessimistic market sentiment was neutralized by the fundamental indicators that suggested economies of the European countries are improving, at least the strongest economies.(...)
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Australian dollar rose a little today. The currency dropped yesterday as concerns about the future of the European Union reemerged. The domestic fundamental also weren’t supportive for Australia’s currency.(...)
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The Indian rupee reached the record low price versus the US dollar yesterday as the nation’s industrial production declined and Europe deterred investors from buying riskier currencies of emerging markets.(...)
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The Canadian dollar wasn't performing well recently, at least against the dollar and the yen. Can the currency improve its behavior in the near future? It's possible, but not probable. The performance against the euro and other growth-related currencies is another matter.(...)
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