Top Forex News |
- China’s Economic Growth Helps Aussie, RBA Signals About Rates Cut
- Japanese Yen Heads Higher on Risk Aversion
- UK Pound Lower on Stagflation Worries
- Euro Down for Second Day as Sentiment Deteriorates
- South Korean Won Rises as Funds Come to Asia
China’s Economic Growth Helps Aussie, RBA Signals About Rates Cut Posted: 18 Oct 2011 09:03 AM PDT The Australian dollar climbed today as the strong growth of China’s economy increased attractiveness of Australia’s currency. The Reserve Bank of Australia suggested the policy makers may cut the interest rates in the near future.(...) |
Japanese Yen Heads Higher on Risk Aversion Posted: 18 Oct 2011 08:32 AM PDT It’s probably not surprising to most Forex traders that the Japanese yen is higher today, thanks to all the uncertainty in the financial markets — and the uncertainty for the economy. (...) |
UK Pound Lower on Stagflation Worries Posted: 18 Oct 2011 07:05 AM PDT UK pound is heading lower today in Forex trading against the US dollar on all the concerns about what’s next for the British economy. Right now, it appears that stagflation might be the name of the game. (...) |
Euro Down for Second Day as Sentiment Deteriorates Posted: 18 Oct 2011 05:41 AM PDT The euro today extended its drop for the second day after Moody’s Investor Service warned that France’s credit rating is in danger and Germany’s economic sentiment deteriorated.(...) |
South Korean Won Rises as Funds Come to Asia Posted: 17 Oct 2011 01:21 PM PDT The Asian economies show a strong economic growth, the fact that attracted the global funds and made them increase their holdings of region’s assets. As a result, Asian currencies rallied, the South Korean won among therm.(...) |
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