Top Forex News |
- Euro Tanks as Draghi Disappoints
- US Dollar Up Against Most Majors
- Swiss Franc Down on Fears of Another Intervention from SNB
- Korea’s Won Weakens After BoK Keeps Rates Unchanged
- Canadian Dollar Fluctuates Ahead of ECB Policy Decision
- Optimism Returns to Help Euro
- Pound Goes Higher Even with Bad Fundamentals
Euro Tanks as Draghi Disappoints Posted: 08 Dec 2011 07:38 AM PST Euro is falling today as Forex traders express disappointment with the news conference from Mario Draghi. Euro had made some gains after the ECB rate cut, but those have been erased by the news that the ECB can’t do anything more for the sovereign debt crisis. (...) |
US Dollar Up Against Most Majors Posted: 08 Dec 2011 06:13 AM PST US dollar is up against the euro today, and higher against other currencies right now. Greenback is gaining against the 17-nation euro as the ECB cuts its key rate to 1%, and as European banks increase their demand for dollars. (...) |
Swiss Franc Down on Fears of Another Intervention from SNB Posted: 08 Dec 2011 04:14 AM PST The Swiss franc dropped today on the speculation that Switzerland’s central bank will make steps to weaken the currency further as soon as the next week. Earlier the franc was rising as the unemployment rate remained low.(...) |
Korea’s Won Weakens After BoK Keeps Rates Unchanged Posted: 08 Dec 2011 01:57 AM PST The South Korean won declined today on the renewed fears of the European |
Canadian Dollar Fluctuates Ahead of ECB Policy Decision Posted: 07 Dec 2011 09:24 PM PST The Canadian dollar fluctuated before the European Central Bank monetary policy meeting today and the summit of the European leaders on Friday. Yesterday, the currency closed almost unchanged.(...) |
Posted: 07 Dec 2011 11:48 AM PST Euro is gaining ground now, erasing earlier losses, as optimism returns to the Forex market. Earlier today, concerns about the gulf between Germany and France sent the euro lower. Now, there is optimism. (...) |
Pound Goes Higher Even with Bad Fundamentals Posted: 07 Dec 2011 09:52 AM PST The Great Britain pound advanced today even as the fundamental reports were worse that the pessimistic forecasts. Market analysts are scratching their heads, but don’t expect that the trend of the pound would become positive.(...) |
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