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- UK Pound Gains Against US Dollar, But Drops Against Euro
- Australian Dollar Gains on Risk Appetite
- CAD Jumps to Highest Since November as Fed Keeps Rates Low
UK Pound Gains Against US Dollar, But Drops Against Euro Posted: 26 Jan 2012 08:04 AM PST UK pound is higher against the US dollar today, gaining as other currencies, in general, are preferred to the greenback. However, the UK pound is down against the euro, as well as down against commodity currencies today. (...) |
Australian Dollar Gains on Risk Appetite Posted: 26 Jan 2012 06:34 AM PST Australian dollar is gaining almost across the board today as risk appetite returns the Forex market. Some are interested in the idea that the news Federal Reserve won’t raise interest rates until 2014, and others assume that the Fed will increase bond purchases in the hopes that it can further stimulate the US economy, especially the labor market. Also helping the Aussie: News that Russia will start using it as a reserve currency. (...) |
CAD Jumps to Highest Since November as Fed Keeps Rates Low Posted: 25 Jan 2012 09:35 PM PST The Canadian dollar rallied yesterday and reached the highest since November today versus the US dollar and the Japanese yen as the Federal Reserve plans to keep interest rates exceptionally low till at least late 2014.(...) |
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