Top Forex News

Diposting oleh d3nfx Selasa, 06 Maret 2012

Top Forex News


Russian Ruble Falls as Eurozone GDP Spurs Risk Aversion

Posted: 06 Mar 2012 09:09 AM PST

Russian 5,000-ruble banknotesThe 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.(...)
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Euro Drops as Eurozone Economy Shrinks

Posted: 06 Mar 2012 08:32 AM PST

Various euro denominationsThe euro slipped today after today’s report confirmed that the eurozone economy declined last quarter, bolstering the risk aversion sentiment on the Forex market.(...)
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UK Pound Declines against US Dollar

Posted: 06 Mar 2012 07:50 AM PST

20-pound banknotesUK 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.

(...)
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Uncertainty Sends US Dollar Higher as Risk Haven

Posted: 06 Mar 2012 06:30 AM PST

Benjamin Franklin's portrait on a hundred-dollar billUncertainty 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.

(...)
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Euro Remains Weak Ahead of GDP Report

Posted: 05 Mar 2012 07:05 PM PST

Euro banknotes rolled upThe 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.(...)
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Canada’s Dollar Falls as China Hurts Market Sentiment

Posted: 05 Mar 2012 04:19 PM PST

Canadian 20-dollar billsThe 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.(...)
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NZ Dollar Sinks as China’s Growth Slows & Stocks Drops

Posted: 05 Mar 2012 09:36 AM PST

50 and 100 New Zealand dollar billsThe 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.(...)
Read the rest of NZ Dollar Sinks as China’s Growth Slows & Stocks Drops (73 words)

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