Top Forex News |
- EUR/USD Surges Past 1.41 Level on Eurozone Deal
- Rand Jumps on Positive News from Europe
- Canadian Dollar Strengthens against US Dollar
- EU Closer to Agreement on Debt, Korea’s Won Gets Stronger
- RBNZ Signals About Possible Interest Rates Hike, NZD Higher
- Can Australian Dollar Drop Further?
- GBP/USD Falls as Risk Aversion Rules Market
EUR/USD Surges Past 1.41 Level on Eurozone Deal Posted: 27 Oct 2011 08:16 AM PDT Forex traders are almost delirious with happiness today as eurozone leaders announced a deal to contain the sovereign debt crisis — at least for now. Private bondholders will be taking a nominal 50% haircut on Greek debt, and everyone seems happy about it. (...) |
Rand Jumps on Positive News from Europe Posted: 27 Oct 2011 07:06 AM PDT It looks like the European leaders have reached consensus about some questions they were discussing during their meetings. The signs of progress in resolving Europe’s crisis were welcomed by traders and riskier currencies, including the South African rand, gained.(...) |
Canadian Dollar Strengthens against US Dollar Posted: 27 Oct 2011 06:24 AM PDT As the Europeans announce a debt agreement, the Canadian dollar is strengthening against the US dollar. It’s been more than a month since the loonie has reached this level against the greenback, but some think that the strength is more a function of general greenback weakness today. (...) |
EU Closer to Agreement on Debt, Korea’s Won Gets Stronger Posted: 27 Oct 2011 05:20 AM PDT The South Korean won climbed today on the positive outlook for the economy of Asia’s nations and the signs of progress in making the plans to resolve the sovereign debt issues in Europe.(...) |
RBNZ Signals About Possible Interest Rates Hike, NZD Higher Posted: 26 Oct 2011 08:37 PM PDT The New Zealand dollar gained today, extending its rally for the second day, after the Reserve Bank of New Zealand key its target interest rate unchanged, but suggested that an increase is possible in the future.(...) |
Can Australian Dollar Drop Further? Posted: 26 Oct 2011 04:28 PM PDT The inflation report that showed a slowing inflation weakened the Australian dollar. But will the currency extend its drop? That’s a definite possibility in case the central bank would cut the interest rate next month.(...) |
GBP/USD Falls as Risk Aversion Rules Market Posted: 26 Oct 2011 12:58 PM PDT The Great Britain pound declined today versus the US dollar as the uncertainty about the outcome of the European Union summit made traders prefer safer currencies, shunning the sterling that is also weakened by the problems in Britain itself.(...) |
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