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- US Dollar Falls after Upbeat News
- Mexican Peso Climbs to Monthly High
- Brazilian Real Goes Higher as GDP in China Slows
- Euro Gains as Borrowing Costs Drop
US Dollar Falls after Upbeat News Posted: 17 Jan 2012 08:22 AM PST US dollar is falling today, thanks to upbeat news out of China and Europe. With risk appetite on the rise, there is little demand for the safety and stability of the US dollar. Forex traders are, instead, turning to higher yielding currencies. (...) |
Mexican Peso Climbs to Monthly High Posted: 17 Jan 2012 07:58 AM PST The Mexican peso reached today the highest level in more than a month as Forex market participants ignored rating downgrades by Standard & Poor’s, supporting demand for currencies of emerging economies.(...) |
Brazilian Real Goes Higher as GDP in China Slows Posted: 17 Jan 2012 07:21 AM PST The Brazilian real climbed today after a report about slowing economic growth in China lead to speculation that the Asian nation will stimulate its economy, increasing attractiveness of commodity currencies.(...) |
Euro Gains as Borrowing Costs Drop Posted: 17 Jan 2012 06:34 AM PST Euro is gaining in Forex trading today, with a measure of optimism returning as Greek and Spanish borrowing costs drop. Also helping the euro is the good news coming out of Germany, with a better than expected ZEW. (...) |
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