Top Forex News |
- Euro Drops as Greek Debt Talks Resume
- Japanese Yen Mixed as Uncertainty Creeps In
- South African Central Bank Keeps Rates Steady, Rand Maintains Gains
- Canadian Dollar Goes Lower with Crude. May it Rebound?
- US Mostly Lower as Risk Appetite Makes an Appearance
Euro Drops as Greek Debt Talks Resume Posted: 20 Jan 2012 08:45 AM PST Euro is dropping, falling from highs not seen for two weeks, as Greek debt talks resume. They’re still working out the details with private bondholders on how to proceed. The euro’s recent rally has been based on the idea of the Greek deal getting done — and continued talks have some Forex traders nervous. (...) |
Japanese Yen Mixed as Uncertainty Creeps In Posted: 20 Jan 2012 06:34 AM PST Japanese yen is mixed today, heading higher against the euro, but lower against the US dollar and the UK pound. Uncertainty about Greece is creeping into the picture, weighing on the euro, but there is enough good news — so far — that other high beta currencies are maintaining their gains. (...) |
South African Central Bank Keeps Rates Steady, Rand Maintains Gains Posted: 19 Jan 2012 11:01 PM PST The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.(...) |
Canadian Dollar Goes Lower with Crude. May it Rebound? Posted: 19 Jan 2012 07:38 PM PST The Canadian dollar went lower today as a drop of crude oil prices overshadowed gains of stocks. The currency was rallying yesterday and may yet resume its rally amid positive market sentiment.(...) |
US Mostly Lower as Risk Appetite Makes an Appearance Posted: 19 Jan 2012 11:05 AM PST US dollar is mostly lower today, especially against high beta currencies. Risk appetite is making an appearance, and Forex traders and others are looking for higher yields. There is some optimism about the US economic recovery, as well as hopes for an improved global economic situation. (...) |
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