Top Forex News |
- Euro Recovers Some of Its Losses in Choppy Trading
- US Dollar Index Falls Earlier, But is Gaining Ground Now
- Franc Weakens as Greek Talks Progress
- Malaysian Ringgit Rises as FX Market Keeps Good Sentiment
- Market Sentiment Shifts, CAD Goes Upward
Euro Recovers Some of Its Losses in Choppy Trading Posted: 08 Feb 2012 07:37 AM PST Trading remains choppy for the euro today as traders and investors look for direction. Everyone is waiting for a Greek debt deal to be reached, and a certain amount of concern is present that nothing has been signed yet. Earlier, the euro gained against the US dollar, then fell. Now, euro is struggling higher, recovering some of its losses. (...) |
US Dollar Index Falls Earlier, But is Gaining Ground Now Posted: 08 Feb 2012 06:27 AM PST US dollar index is lower today, falling overall as a degree of optimism returns to the markets. Many expect a Greek debt deal to be done today, and that means that there has been some demand for high beta currencies in earlier trading. Now, though, the US dollar seems to be gaining some ground as some of that risk appetite fades and the Greek situation looks a little less certain. (...) |
Franc Weakens as Greek Talks Progress Posted: 08 Feb 2012 03:15 AM PST The Swiss franc was down today as tensions about Greece eased and Swiss officials repeated that the currency is too strong and hurting nation’s exporters, therefore it should be weaker.(...) |
Malaysian Ringgit Rises as FX Market Keeps Good Sentiment Posted: 08 Feb 2012 02:38 AM PST The Malaysian ringgit, as well as other Asian currencies, appreciated today as the Forex market kept positive mood from yesterday and traders were hopeful about resolution of Greek problems.(...) |
Market Sentiment Shifts, CAD Goes Upward Posted: 07 Feb 2012 04:13 PM PST The Canadian dollar gained versus its US counterpart and the Japanese yen, while fell against the euro, as Forex traders view the talks about new portion of a bailout to Greece in the positive light again.(...) |
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