Australian dollar got a boost in earlier trading as the governor of the People’s Bank of China reassured Europe — and the world — that China is still committed to investing in the euro as an asset. The news provided a little bit of risk appetite in the midst of uncertainty. Aussie is also receiving help from the Reserve Bank of Australia, which continues to show caution about cutting interest rates.

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US dollar is mixed this morning on the Forex market as traders look for direction, and all of the latest news and information is processed. From China to Europe to Zynga, there is plenty to talk about today, and the US dollar is very mixed as a result.

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The New Zealand dollar gained today after a government report showed that nation’s retail sales grew more than expected. The general good sentiment on the Forex market also helped the currency.(...)
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The euro advanced today as China signaled that it may help the European Union in battling the debt crisis and Germany’s economy shrank less than was forecast.(...)
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The Norway krone fell today as Norway’s central bank and government were concerned about an impact of the strong currency on the nation’s economy.(...)
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The Japanese yen slumped to the lowest level since November against the US dollar and also fell against some other majors after the Bank of Japan unexpectedly increased its asset purchase program.(...)
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