Top Forex News |
- ECB Holds Rates, Expands Asset Purchases, Euro Reacts Positively
- BoE Expands Bond Purchase Program, Pound Tumbles
- Canadian Dollar Retreats in Forex Trading
- Franc Retreats as SNB Expands Currency Reserves
- Stocks Rally, AUD & NZD Happy
- Euro Holds Breath for ECB
- Brazil’s Real Gains as Central Bank Plans Support Currency
- Stocks’ Rally Troubles Dollar, Employment Improves in US
ECB Holds Rates, Expands Asset Purchases, Euro Reacts Positively Posted: 06 Oct 2011 09:23 AM PDT The euro rose today, rebounding from the earlier decline after the European Central Bank kept the key interest rates unchanged, but expanded its bond purchasing program.(...) |
BoE Expands Bond Purchase Program, Pound Tumbles Posted: 06 Oct 2011 07:50 AM PDT The Great Britain pound slumped today as the Bank of England held the main interest rates unchanged and expanded its bond purchase program today, signaling about weakness of the UK economy and debasing the nation’s currency.(...) |
Canadian Dollar Retreats in Forex Trading Posted: 06 Oct 2011 06:21 AM PDT The Canadian dollar is retreating in forex trading, falling against major counterparts including the US dollar. Loonie is also struggling against other commodity currencies, dropping as it is used to fund purchases of the New Zealand dollar and Australian dollar. (...) |
Franc Retreats as SNB Expands Currency Reserves Posted: 06 Oct 2011 03:01 AM PDT The Swiss franc fell today as Switzerland’s central bank reported its foreign currency reserves grew in September. Traders fear the bank may take additional measures to weaken the franc.(...) |
Posted: 06 Oct 2011 01:36 AM PDT The Australian and New Zealand dollar extended their rally today, rising against the US dollar for the third day, as stocks advanced amid renewed risk appetite of investors.(...) |
Posted: 05 Oct 2011 08:50 PM PDT Forex traders are waiting for the ECB announcement expected during the European session on Thursday. EUR/USD is slightly lower ahead of the decision, which some expect to result in a cut of 25 basis points. (...) |
Brazil’s Real Gains as Central Bank Plans Support Currency Posted: 05 Oct 2011 04:03 PM PDT The Brazilian real advanced today amid the speculation the Federal Reserve and the European Central Bank are ready to meet the economic challenges and support the global recovery, while Brazil’s central bank is going to stem losses of the Brazilian currency.(...) |
Stocks’ Rally Troubles Dollar, Employment Improves in US Posted: 05 Oct 2011 12:05 PM PDT The US dollar weakened today as the rally of stocks reduced demand for safer currencies. Forex traders remained wary, though, as there are still many signs of possible |
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