Top Forex News

Diposting oleh d3nfx Kamis, 05 Januari 2012

Top Forex News


Yuan Drops as Central Bank Sets Reference Rate Lower

Posted: 05 Jan 2012 07:49 AM PST

Chinese yuan denominationsThe Chinese yuan was weaker today after the nation’s central bank cut the daily reference rate on concerns that the continuing European crisis would hurt growth prospects.(...)
Read the rest of Yuan Drops as Central Bank Sets Reference Rate Lower (61 words)

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Euro Plummets as Concerns Skyrocket

Posted: 05 Jan 2012 07:23 AM PST

Euro banknotesEuro has plummeted below the 1.28 level against the US dollar today as concerns pile up. The latest French bond auction saw higher borrowing costs, and there are renewed concerns about a credit rating downgrade for country. On top of that, Italian banking weakness remains.

(...)
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Aussie Mixed in Forex Trading

Posted: 05 Jan 2012 06:33 AM PST

Australian dollar billsAussie is down against the US dollar as risk aversion continues today, but up against the euro. Concerns about the eurozone crisis have sharpened, and that has investors and Forex traders alike jumpy about what could be next for the global economy. As a result, the Australian dollar is seeing gains against a weaker euro, but losses against the greenback, which is used as a safe haven.

(...)
Read the rest of Aussie Mixed in Forex Trading (125 words)

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Pound Jumps to Highest Price in More Than a Year Against Euro

Posted: 04 Jan 2012 09:23 PM PST

Focus on 5-pound noteThe Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar.(...)
Read the rest of Pound Jumps to Highest Price in More Than a Year Against Euro (117 words)

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Canada’s Dollar Suffers from Risk Aversion

Posted: 04 Jan 2012 05:45 PM PST

Canadian coins on Canadian dollar billsThe Canadian dollar fell yesterday and continued its decline today against the US currency and the Japanese yen as optimism evaporated from the Forex market. Canada’s currency jumped versus the euro.(...)
Read the rest of Canada’s Dollar Suffers from Risk Aversion (128 words)

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