Top Forex News |
- Euro Breaks through 1.29 Level
- Malaysian Ringgit Goes Higher Ahead of European Debt Auctions
- Rand Weakens as No Change to Monetary Policy Expected, Rebounds
- Australian Employment Deteriorates, Aussie Down
- Negative Domestic Data Hurts New Zealand Dollar
| Euro Breaks through 1.29 Level Posted: 19 Jan 2012 08:50 AM PST
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| Malaysian Ringgit Goes Higher Ahead of European Debt Auctions Posted: 19 Jan 2012 02:43 AM PST
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| Rand Weakens as No Change to Monetary Policy Expected, Rebounds Posted: 19 Jan 2012 01:01 AM PST
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| Australian Employment Deteriorates, Aussie Down Posted: 18 Jan 2012 10:35 PM PST
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| Negative Domestic Data Hurts New Zealand Dollar Posted: 18 Jan 2012 07:29 PM PST
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Euro is breaking higher today, moving through the 1.29 level against the US dollar. Good news regarding debt auctions in Europe, plus good labor market news in the United States, has Forex traders looking for higher yields.
The Malaysian ringgit rose today as investment environment looked good for currencies of emerging markets amid growth of the US economy and hopes for Europe.(...)
The South African rand was weaker today as analysts speculated that the nation’s central bank will keep interest rates unchanged at today’s monetary policy meeting. The rand rebounded currently.(...)
The Australian dollar dropped today after the report showed an unexpected decline of employment, making traders speculate about a possible interest rate cut by the Australian central bank.(...)
The New Zealand dollar retreated today as virtually all macroeconomic reports from New Zealand were negative this week, making the currency less attractive for Forex traders.(...)
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