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Diposting oleh d3nfx Rabu, 29 Februari 2012

Top Forex News


Euro Struggles on LTRO

Posted: 29 Feb 2012 07:46 AM PST

One euro coinEuro is struggling today, especially against the US dollar. The Long-Term Refinancing Operation offered more money than expected, and that has many wondering about the stability of the European banking system. So, even though there is a measure of risk in the financial markets today, the euro isn’t feeling the good effects.

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Read the rest of Euro Struggles on LTRO (129 words)

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US Dollar Mixed after GDP Data

Posted: 29 Feb 2012 06:34 AM PST

Focus on hundred dollarsUS dollar is mixed today after encouraging GDP data was released. The latest numbers for the fourth quarter of 2011 indicate that the US economy grew 3%, which is better than the 2.8% pace originally reported. The news has helped the greenback pare some of its losses against the Japanese yen, and provided some support for Great Britain pound.

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Read the rest of US Dollar Mixed after GDP Data (132 words)

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