Top Forex News

Diposting oleh d3nfx Selasa, 13 Maret 2012

Top Forex News


Euro Struggles as Forex Traders Wonder Who’s After Greece

Posted: 13 Mar 2012 08:31 AM PDT

Euro sign monument with ECB on backgroundEven though there is something of a “risk on” attitude in the markets today, the euro isn’t benefitting. Indeed, euro is struggling today as concerns about an economic slowdown pile on top of worries about the sovereign debt crisis. Even though the Greek situation is resolved for now, some are wondering who might be next.

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Read the rest of Euro Struggles as Forex Traders Wonder Who’s After Greece (149 words)

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NZ Dollar Gains with Stocks on Positive Market Sentiment

Posted: 13 Mar 2012 08:08 AM PDT

All NZD denominationsThe New Zealand dollar climbed today after positive market sentiment, caused by hopes for the eurozone and anticipation of positive macroeconomic data from the United States, boosted global stocks.(...)
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UK Pound Gains on Economic Data

Posted: 13 Mar 2012 07:21 AM PDT

Stack of UK coins on GB pound billsUK pound is gaining today, thanks in part to better than expected economic data out of Great Britain. Good news is helping the pound against the US dollar and against the euro. While there are still some hurdles for sterling, right now the outlook is pretty good.

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Read the rest of UK Pound Gains on Economic Data (130 words)

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Japan’s Yen Goes Down as Market Sentiment Improves

Posted: 13 Mar 2012 04:15 AM PDT

Japanese coinsThe Japanese yen fell today versus the US dollar and the euro after European finance ministers agreed to provide a bailout for Greece and on speculations that US retail sales grew with faster pace last month.(...)
Read the rest of Japan’s Yen Goes Down as Market Sentiment Improves (95 words)

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CAD Drops vs. Safe Currencies as Traders Shun Risk

Posted: 12 Mar 2012 12:41 PM PDT

All the Canadian dollar bills denominationsThe Canadian dollar fell against safer currencies today, but advanced against riskier ones, after negative news from China and uncertainty of the eurozone’s future made Forex speculators to shun risk.(...)
Read the rest of CAD Drops vs. Safe Currencies as Traders Shun Risk (115 words)

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