Top Forex News |
- UK Pound Drops on Risk Aversion
- Japanese Yen Rises on Safe Haven Demand
- Retail Sales Boost New Zealand Dollar
- Italian Borrowing Costs Rise, Euro Suffers
UK Pound Drops on Risk Aversion Posted: 14 Nov 2011 08:11 AM PST UK pound is lower today as risk aversion sets in. Concerns about Europe are affecting the financial markets today, with banks retreating — and other stocks retreating as well. Even though the pound is lower against the dollar and yen on risk aversion, though, it is gaining against the euro. (...) |
Japanese Yen Rises on Safe Haven Demand Posted: 14 Nov 2011 06:46 AM PST Japanese yen is rising today as Q3 GDP results indicate that Japan is recovering from the March 2011 earthquake and tsunami. Also boosting the yen today is safe haven demand as, once again, European stability is called into question. (...) |
Retail Sales Boost New Zealand Dollar Posted: 14 Nov 2011 05:57 AM PST The New Zealand dollar jumped today after the government report showed yesterday that the retail sales increase in the third quarter.(...) |
Italian Borrowing Costs Rise, Euro Suffers Posted: 14 Nov 2011 05:05 AM PST The euro was down today after the costs of the Italian securities surged, renewing concerns about the debt crisis in the European Union.(...) |
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