Top Forex News

Diposting oleh d3nfx Jumat, 24 Februari 2012

Top Forex News


Won Gains on Positive Data from Europe & USA

Posted: 24 Feb 2012 09:07 AM PST

Korean won banknotesThe South Korean won gained today as positive data from Europe was followed by some really good numbers from the United States, including new home sales and consumer sentiment, that increased appeal of riskier currencies.(...)
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US Dollar Softer on Risk Appetite

Posted: 24 Feb 2012 07:23 AM PST

Many US hundred-dollar billsUS dollar is softer today as general risk appetite eliminates the need for safe haven currencies. Optimism about the future is high, and many forex traders are looking forward to improvements in the global economy.

(...)
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Rand Gains as German GDP Posts Annual Growth

Posted: 24 Feb 2012 06:22 AM PST

100-rand notesThe South African rand advanced today, rising for the third consecutive trading session, after the report showed that German economy grew in the last quarter on an annual basis, supporting positive sentiment about the economy of the eurozone.(...)
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Euro Heads Above the 1.3400 Mark

Posted: 24 Feb 2012 06:15 AM PST

Multiple euro banknotes and coinsEuro has moved above the 1.3400 mark today as Forex traders look on the bright side of things. However, there are questions about whether the euro can find support at this level, considering the issues that still afflict the eurozone, and the global economy.

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Pound Climbs as Mortgage Approvals Reach Two-Year Record

Posted: 23 Feb 2012 07:41 PM PST

A fan of Great Britain 10-pound notesThe Great Britain pound rose against the US dollar and the Japanese yen after macroeconomic data showed that the number of mortgage approvals reached the highest level in two years and industrial order expectations improved. The currency was down versus the euro.(...)
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Zloty Gains as Polish Retail Sales Grow with Increased Pace

Posted: 23 Feb 2012 04:02 PM PST

Polish zloty notesThe Polish zloty gained today after data showed that retail sales in Poland grew last month, while positive macroeconomic reports from the eurozone and the United States added to strength of higher-yielding currencies.(...)
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Economic Data Helps Loonie

Posted: 23 Feb 2012 10:06 AM PST

Canadian 50- and 100-dollar billsCanadian dollar is benefiting from improved sentiment today. A general feeling of risk appetite has returned to the Forex market, thanks to encouraging economic news out of the United States and Germany. Loonie is also finding some support against the US dollar as a commodity currency, with oil prices on the rise.

(...)
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