Top Forex News |
- Franc Retreats as CPI Declines
- Euro Struggles as France and Germany Try to Reconcile
- Aussie Drops as RBA Reduces Main Interest Rate
- US Dollar Slightly Higher After Weak Open
- New Zealand Dollar Retreats as S&P Hurts Market Sentiment
- CAD Attempts to Rally, Again Without Success
- Japanese Yen Gains in Forex Trading
- Won Gains on US Employment & Hopes for Europe, Falls Again
Franc Retreats as CPI Declines Posted: 06 Dec 2011 08:44 AM PST The Swiss franc dropped today after the government report showed that the consumer prices fell last month in Switzerland, leading to the speculation about a possibility of another intervention by the nation’s central bank.(...) |
Euro Struggles as France and Germany Try to Reconcile Posted: 06 Dec 2011 08:26 AM PST One of the issues facing the future of the eurozone is the differences in opinion between France and Germany. Since the beginning, the two countries have had different approaches to the monetary union. And, unless those differences can be reconciled, real progress can’t be made in the eurozone. (...) |
Aussie Drops as RBA Reduces Main Interest Rate Posted: 06 Dec 2011 07:34 AM PST The Australian dollar weakened today after the Reserve Bank of Australia cut its key interest rate as the unfavorable developments in the global economy justified easing of the monetary policy.(...) |
US Dollar Slightly Higher After Weak Open Posted: 06 Dec 2011 06:44 AM PST US dollar was softer earlier, thanks to a degree of optimism that had Forex traders looking for higher yields. However, the markets are quite ready for true optimism and the dollar has since strengthened against high beta currencies. (...) |
New Zealand Dollar Retreats as S&P Hurts Market Sentiment Posted: 05 Dec 2011 07:07 PM PST The New Zealand dollar fell today, as well as most other currencies, as the prospects for credit rating downgrades by Standard & Poor’s hurt Forex traders’ confidence and willingness to buy riskier currencies.(...) |
CAD Attempts to Rally, Again Without Success Posted: 05 Dec 2011 04:37 PM PST The Canadian dollar attempted to rise yesterday as the European leaders gathered to discus possible changes to the European Union regulations, but the currency dropped back as Standard & Poor’s put the credit ratings of the EU countries on review.(...) |
Japanese Yen Gains in Forex Trading Posted: 05 Dec 2011 11:39 AM PST Japanese yen is higher in forex trading this afternoon, after losing ground earlier. The initial excitement over the announcement from the eurozone is fading and the yen is gaining. (...) |
Won Gains on US Employment & Hopes for Europe, Falls Again Posted: 05 Dec 2011 10:56 AM PST The South Korean won gained today as the positive US employment report reduced investors’ fear of a new recession, while hopes that the European leaders would find a way to resolve the region’s crisis further bolstered the South Korean currency. The won later fell.(...) |
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