Top Forex News

Diposting oleh d3nfx Jumat, 20 Januari 2012

Top Forex News


Euro Drops as Greek Debt Talks Resume

Posted: 20 Jan 2012 08:45 AM PST

One euro coin and a chartEuro 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.

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Read the rest of Euro Drops as Greek Debt Talks Resume (131 words)

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Japanese Yen Mixed as Uncertainty Creeps In

Posted: 20 Jan 2012 06:34 AM PST

Japanese currency and coinsJapanese 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.

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Read the rest of Japanese Yen Mixed as Uncertainty Creeps In (142 words)

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South African Central Bank Keeps Rates Steady, Rand Maintains Gains

Posted: 19 Jan 2012 11:01 PM PST

A fan of ZAR billsThe 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.(...)
Read the rest of South African Central Bank Keeps Rates Steady, Rand Maintains Gains (115 words)

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Canadian Dollar Goes Lower with Crude. May it Rebound?

Posted: 19 Jan 2012 07:38 PM PST

All the Canadian dollar bills denominationsThe 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.(...)
Read the rest of Canadian Dollar Goes Lower with Crude. May it Rebound? (88 words)

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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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Read the rest of US Mostly Lower as Risk Appetite Makes an Appearance (143 words)

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