Even with the disappointing GDP data coming out of the United States, there is still plenty that some Forex traders are excited about. The US dollar index is lower as risk appetite makes its appearance, and as the need for safe haven diminishes.

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Japanese yen is lower today, heading lower as cautious optimism makes an appearance on the Forex market. Economic data in the United States came in better than expected, and that means the yen is not being used as a safe haven.

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The Great Britain pound advanced today after the economic reports showed that the nation’s economy grew and the business investment expanded last quarter. The gains were limited as the trade balance and current account deficits widened.(...)
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The Swedish Krona gained today after touching the highest level in a week against the US dollar yesterday as the speculation that the US economy is recovering returned risk appetite to the Forex market to some degree.(...)
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The Swiss franc declined after the government signaled that it considers measures to further weaken the currency as its excessive strength continues to hurt the nation’s exporters.(...)
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The Canadian dollar advanced as prices for crude oil rallied and the report showed that the Canadian retail sales grew in October. The currency is under pressure as the positive sentiment disappeared from the Forex market.(...)
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