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Diposting oleh d3nfx Senin, 10 Oktober 2011

Top Forex News


Japanese Yen Weaker Against Most Currencies (Not the Dollar, Though)

Posted: 10 Oct 2011 08:57 AM PDT

Japanese yenJapanese 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.

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Read the rest of Japanese Yen Weaker Against Most Currencies (Not the Dollar, Though) (133 words)

Posted on Forex News.

US Dollar Slumps on Risk Appetite, Higher Gold

Posted: 10 Oct 2011 07:05 AM PDT

US DollarUS 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.

(...)
Read the rest of US Dollar Slumps on Risk Appetite, Higher Gold (154 words)

Posted on Forex News.

Merkel & Sarkozy Return Hope for Euro Bulls, Euro at Monthly Record

Posted: 10 Oct 2011 06:09 AM PDT

EuroThe 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.(...)
Read the rest of Merkel & Sarkozy Return Hope for Euro Bulls, Euro at Monthly Record (74 words)

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Prospects for Better Employment in Australia Bolster AUD

Posted: 10 Oct 2011 02:53 AM PDT

Australian dollarThe 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.(...)
Read the rest of Prospects for Better Employment in Australia Bolster AUD (59 words)

Posted on Forex News.

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