Euro is gaining today, heading higher after a rocky week, thanks to hopes for a Greek bailout. Expectations are that a Greek debt agreement will be reached by Monday. The news has many Forex traders scrambling to enter long positions on the euro against the US dollar and the Japanese yen.

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Japanese yen is falling today, heading lower on a general feeling of risk appetite in the markets. Earlier this week, Japanese leaders used funds to buy other currencies in order to keep the yen lower, and today demand for riskier assets is encouraging yen weakness.

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The Great Britain pound rose today, supported by the government report that showed UK retail sales unexpectedly increasing last month, easing fears of a recession in the United Kingdom.(...)
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The New Zealand climbed today as positive news from the United States and Europe created a favorable trading environment for currencies with higher yield, while Alan Bollard, the Reserve Bank of New Zealand Governor, further bolstered the currency as he suggested that the New Zealand is performing better than was thought.(...)
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The Canadian dollar jumped today against its US counterpart and the Japanese yen on positive macroeconomic data from the United States and good news from Europe. The currency posted losses against the euro.(...)
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