Top Forex News |
- Japanese Yen Weaker Against Most Currencies (Not the Dollar, Though)
- US Dollar Slumps on Risk Appetite, Higher Gold
- Merkel & Sarkozy Return Hope for Euro Bulls, Euro at Monthly Record
- Prospects for Better Employment in Australia Bolster AUD
Japanese Yen Weaker Against Most Currencies (Not the Dollar, Though) Posted: 10 Oct 2011 08:57 AM PDT Japanese yen is weaker against most major currencies today, thanks to the risk appetite that is spurring demand for higher yield assets. Global equities are rallying, and Forex traders are ready to earn a little more. The only exception is the US dollar, which is down against the yen. (...) |
US Dollar Slumps on Risk Appetite, Higher Gold Posted: 10 Oct 2011 07:05 AM PDT US Dollar is slumping today as risk appetite makes an appearance. Gold prices are also heading higher, and that is putting some downward pressure on the greenback, as it appears that gold might not be a safe haven any longer, and it is ready to resume its inverse relationship to the US dollar — at least for now. (...) |
Merkel & Sarkozy Return Hope for Euro Bulls, Euro at Monthly Record Posted: 10 Oct 2011 06:09 AM PDT The euro reached today the highest level this month as leaders of Germany and France maintained their stance to keep Greece in the Eurozone and promised to find a solution to the current crisis.(...) |
Prospects for Better Employment in Australia Bolster AUD Posted: 10 Oct 2011 02:53 AM PDT The Australian dollar gained today against the US dollar and the Japanese yen as analysts predict the employment report would show an improvement of the Australian job market.(...) |
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