Top Forex News |
- Korea’s Won Still Feels Pressure from Europe
- South African Rand Higher on Good News from USA
- Yen Remains Strong Against the US Dollar
- Euro Rises on Optimism, Mario Draghi’s EFSF Prodding
- Small Relief for Swiss Franc
- Pound Remains Week as Confidence Reaches Record Low
- Ringgit Remains Lower Even as Risk Aversion Eases
Korea’s Won Still Feels Pressure from Europe Posted: 18 Nov 2011 09:03 AM PST The South Korean won remained lower today as concerns about the sovereign debt crisis in Europe were negative for the currency.(...) |
South African Rand Higher on Good News from USA Posted: 18 Nov 2011 08:38 AM PST The South African rand went higher today for the first time this week as the good fundamentals and the outlook for the USA overshadowed the European crisis.(...) |
Yen Remains Strong Against the US Dollar Posted: 18 Nov 2011 07:05 AM PST Japanese yen is higher today against the US dollar, a situation that has many companies in Japan increasing their efforts to shift overseas. Yen continues to strengthen, in spite of efforts by Japanese leaders to keep the currency weak against the dollar. (...) |
Euro Rises on Optimism, Mario Draghi’s EFSF Prodding Posted: 18 Nov 2011 05:37 AM PST Euro is heading higher today, gaining after four days of losses. Forex traders hope that the ECB’s buying of Spanish and Italian bonds will slow yield rises. Additionally, traders are optimistic as Mario Draghi urges eurozone countries to implement changes to the EFSF. (...) |
Posted: 18 Nov 2011 12:53 AM PST The Swiss franc had a small relief today, rising after four consecutive sessions of losses, but it’s unlikely that the currency could profit from worries about Europe.(...) |
Pound Remains Week as Confidence Reaches Record Low Posted: 17 Nov 2011 09:51 PM PST The Great Britain strengthened a little yesterday as the retail sales rose last month, but the currency hasn’t been able to retain its upward momentum and currently moves without a clear direction.(...) |
Ringgit Remains Lower Even as Risk Aversion Eases Posted: 17 Nov 2011 11:25 AM PST The Malaysian ringgit remains down on today’s trading session even as good news from Europe eased risk aversion sentiment among Forex traders.(...) |
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