Risk appetite is coming to the Forex market, sending high beta currencies higher. And, normally, this would mean that the US dollar would also be higher against the Japanese yen. Today, though, the yen is higher against the greenback. Weaker than expected US data is sending the dollar lower, and the yen is near three-month highs against the greenback.

(...)
Read the rest of Japanese Yen Higher Against the US Dollar (145 words)

US dollar is lower across the board right now, dropping as optimism returns to the market in the form of better economic news. The news is especially encouraging in Europe, where eurozone manufacturing has expanded. Even in the United States, the situation isn’t so bad, with ADP estimating private payrolls up by 170,000.

(...)
Read the rest of US Dollar Drops as Optimism Returns to Markets (128 words)

The euro rose today, erasing its previous losses, after a report showed that eurozone manufacturing improved this month, easing concerns about the negative impact of the European financial crisis on the region’s economy.(...)
Read the rest of Euro Rebound as Eurozone Manufacturing Expands (83 words)

The South Korean won fell against the euro today on concerns that problems in Europe crippled economic growth of Asian nations. The currency was also down versus the US dollar, but later rebounded.(...)
Read the rest of Won Drops vs. Euro on Threat of Economic Slowdown in Asia (61 words)

The Canadian dollar dropped today versus safer currencies as macroeconomic fundamentals were surprisingly bad both in Canada and in the United States. The currency still managed to outperform the euro after the earlier drop.(...)
Read the rest of Fundamentals in US & Canada Surprisingly Bad, Loonie Dips (96 words)

The South African rand gained today as optimism for an outcome of Greek debt-swap talks caused a rally of stocks and commodities, while also helping currencies of emerging markets.(...)
Read the rest of Rand Gains Amid Market Optimism (85 words)