Top Forex News |
- Euro Falls as Eurozone Economic Data Points to Possible Recession
- US Dollar Surges against Japanese Yen
- Aussie Falls on RBA Minutes, Pares Losses on Positive Fundamentals
- Yen Falls, Erases Losses vs. Euro
- Canadian Dollar Mixed Today
- Turkey’s Central Bank Lowers Interest Rates, Lira Reacts Negatively
Euro Falls as Eurozone Economic Data Points to Possible Recession Posted: 22 Feb 2012 07:36 AM PST The latest economic data out of the eurozone is pointing to a possible recession, and that has the euro losing ground to the US dollar today. Business activity in the eurozone showed an unexpected contraction for the month of February, and that is raising fears of economic slowdown. (...) |
US Dollar Surges against Japanese Yen Posted: 22 Feb 2012 06:29 AM PST US dollar is surging against Japanese yen today. The result is a strong expectation for Japanese company earnings, and hopes that things can get back on track for Japan, now that yen weakness is more pronounced. (...) |
Aussie Falls on RBA Minutes, Pares Losses on Positive Fundamentals Posted: 21 Feb 2012 04:14 PM PST The Australian dollar sank after the minutes of the last central bank’s monetary policy meeting indicated that policy makers are ready to ease the policy further. Currently, the Aussie is attempting to reverse the losses on positive economic reports.(...) |
Yen Falls, Erases Losses vs. Euro Posted: 21 Feb 2012 03:15 PM PST The Japanese yen retreated today against the US dollar and the euro after Greece received bailout from the European Union. The currency pared its losses versus the euro, though, and gained against the Great Britain pound.(...) |
Posted: 21 Feb 2012 10:33 AM PST Canadian dollar is mixed today in the wake of the Greek debt deal. Instead of heading higher against the US dollar on risk appetite, though, the loonie has been stilted today. Mixed economic data in Canada is contributing to the mixed Forex performance of the loonie. (...) |
Turkey’s Central Bank Lowers Interest Rates, Lira Reacts Negatively Posted: 21 Feb 2012 10:01 AM PST The Turkish lira fell today after Turkey’s central bank unexpectedly decreased its interest rates, following central banks of other nations in monetary policy easing.(...) |
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