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- Russian Ruble Falls as Eurozone GDP Spurs Risk Aversion
- Euro Drops as Eurozone Economy Shrinks
- UK Pound Declines against US Dollar
- Uncertainty Sends US Dollar Higher as Risk Haven
- Euro Remains Weak Ahead of GDP Report
- Canada’s Dollar Falls as China Hurts Market Sentiment
- NZ Dollar Sinks as China’s Growth Slows & Stocks Drops
Russian Ruble Falls as Eurozone GDP Spurs Risk Aversion Posted: 06 Mar 2012 09:09 AM PST The Russian ruble weakened today on risk aversion caused by the report that showed a decline of the eurozone economy, turning investors away from currencies they considered too risky.(...) |
Euro Drops as Eurozone Economy Shrinks Posted: 06 Mar 2012 08:32 AM PST The euro slipped today after today’s report confirmed that the eurozone economy declined last quarter, bolstering the risk aversion sentiment on the Forex market.(...) |
UK Pound Declines against US Dollar Posted: 06 Mar 2012 07:50 AM PST UK pound is declining against the US dollar today, thanks to general risk aversion weighing on high beta currencies, as well as disappointing economic data out of Great Britain. Against the euro, sterling is struggling as well, although there have been swings between gains and losses. (...) |
Uncertainty Sends US Dollar Higher as Risk Haven Posted: 06 Mar 2012 06:30 AM PST Uncertainty is growing in global markets, and that is prompting risk aversion. The US dollar is higher in response, sought as a safe haven. Greenback is higher on prospects for slowdown on a global scale, and Greece remains a point of difficulty as speculation remains regarding Greece’s bond swap. For now, all of this means Forex traders are interested in the stability that comes with the US dollar. (...) |
Euro Remains Weak Ahead of GDP Report Posted: 05 Mar 2012 07:05 PM PST The euro remained weaker against the Japanese yen and the Swiss franc today, though retained its gains against the US dollar, as today’s report is expected to confirm that the eurozone economy shrank last quarter.(...) |
Canada’s Dollar Falls as China Hurts Market Sentiment Posted: 05 Mar 2012 04:19 PM PST The Canadian dollar retreated yesterday after the Forex market was shaken by the announcement that China’s economic growth may slow this year. The currency started today’s session with a little rally, but generally remained weak.(...) |
NZ Dollar Sinks as China’s Growth Slows & Stocks Drops Posted: 05 Mar 2012 09:36 AM PST The New Zealand dollar slumped today as stocks retreated. The decline of global equities was caused by the announcement that China decreased its growth target for this year.(...) |
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