Top Forex News

Diposting oleh d3nfx Kamis, 06 Oktober 2011

Top Forex News


ECB Holds Rates, Expands Asset Purchases, Euro Reacts Positively

Posted: 06 Oct 2011 09:23 AM PDT

EuroThe 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.(...)
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BoE Expands Bond Purchase Program, Pound Tumbles

Posted: 06 Oct 2011 07:50 AM PDT

Great Britain poundThe 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.(...)
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Canadian Dollar Retreats in Forex Trading

Posted: 06 Oct 2011 06:21 AM PDT

Canadian DollarThe 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.

(...)
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Franc Retreats as SNB Expands Currency Reserves

Posted: 06 Oct 2011 03:01 AM PDT

Swiss francThe 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.(...)
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Stocks Rally, AUD & NZD Happy

Posted: 06 Oct 2011 01:36 AM PDT

Australian dollarThe 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.(...)
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Euro Holds Breath for ECB

Posted: 05 Oct 2011 08:50 PM PDT

EuroForex 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.

(...)
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Brazil’s Real Gains as Central Bank Plans Support Currency

Posted: 05 Oct 2011 04:03 PM PDT

Brazilian RealThe 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.(...)
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Stocks’ Rally Troubles Dollar, Employment Improves in US

Posted: 05 Oct 2011 12:05 PM PDT

US DollarThe 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 double-dip recession.(...)
Read the rest of Stocks’ Rally Troubles Dollar, Employment Improves in US (164 words)

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