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- Swiss Franc Mixed Today
- US Dollar Pulls Back as Risk Appetite Makes an Appearance
- Pound Higher on Consumer Confidence
- Euro Strengthens as Greece Makes Progress in Debt Swap Talks
- Europe Causes Concerns, Makes Yen Preferred Currency for FX Traders
Posted: 31 Jan 2012 07:50 AM PST Swiss franc is mixed today, higher against the euro, and lower against the US dollar and the Great Britain Pound. Even so, the recent economic forum at Davos has expressed confidence in the Swissie’s cap against the euro, and the ability of the franc to pull back against the 17-nation currency as needed. (...) |
US Dollar Pulls Back as Risk Appetite Makes an Appearance Posted: 31 Jan 2012 06:30 AM PST Cautious optimism has returned to the markets today, bringing risk appetite and sending the US dollar lower against other major currencies. Corporate earnings are encouraging once again, and most of the European Union countries signed on to a treaty requiring tougher fiscal rules. The result is that many investors and Forex traders are feeling more optimistic about what’s next for the global economy, and that means the US dollar isn’t needed as a safe haven. (...) |
Pound Higher on Consumer Confidence Posted: 31 Jan 2012 03:04 AM PST The Great Britain pound was higher today versus the US dollar and the Japanese yen after a report showed that consumer confidence in the UK improved, while speculation that Greece made progress in the debt-swap discussion reduced demand for safer currencies.(...) |
Euro Strengthens as Greece Makes Progress in Debt Swap Talks Posted: 31 Jan 2012 02:17 AM PST The euro rose today as speculation that Greece is making progress in convincing creditors to reduce the nation’s debt improved market sentiment and eased pessimism about the euro.(...) |
Europe Causes Concerns, Makes Yen Preferred Currency for FX Traders Posted: 30 Jan 2012 11:39 AM PST The Japanese yen jumped today amid growing concerns about a potential outcome of the European Union leaders’ meeting, especially about the uncertain future of Greece.(...) |
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