Top Forex News |
- Rand Ends 3-Day Rally on Concerns About China
- Euro Drops as China Concerns Rise, But Recovers
- Japanese Yen Lower, Even as Risk Aversion Dominates Markets
- Malaysian Ringgit Falls as High Fuel Prices Can Hurt Growth
- US Dollar Drops on Profit-Taking
- Canada’s Dollar Gains on Rally of Stocks
Rand Ends 3-Day Rally on Concerns About China Posted: 20 Mar 2012 07:23 AM PDT The South African rand fell today for the first time after three sessions of gains on concerns that the economic slowdown in China will diminish demand for commodities, reducing attractiveness of South Africa’s commodity-linked currency.(...) |
Euro Drops as China Concerns Rise, But Recovers Posted: 20 Mar 2012 07:18 AM PDT Euro is dropping today, losing ground as risk aversion sets in on the latest evidence that China’s economy might be slowing. After seeing four days of gains against the US dollar, the 17-nation currency is fell behind, but is now moving higher again. (...) |
Japanese Yen Lower, Even as Risk Aversion Dominates Markets Posted: 20 Mar 2012 06:23 AM PDT Risk aversion is dominating markets right now, but that isn’t keeping the yen from heading lower today. Instead of getting a boost as a safe haven currency, the Japanese yen remains lower against other majors this morning. It’s been an interesting day so far for the yen, as traders try to find their places. (...) |
Malaysian Ringgit Falls as High Fuel Prices Can Hurt Growth Posted: 20 Mar 2012 05:52 AM PDT The Malaysian ringgit fell today, followed by other Asian currencies, on concerns that rising energy prices may deter economic growth in the region and, as a result, decrease capital inflow from foreign investors.(...) |
US Dollar Drops on Profit-Taking Posted: 19 Mar 2012 05:30 PM PDT The US dollar extended its losses against most major currencies, including the euro, the Great Britain pound and the Swiss franc, for the third day as positive mood of Forex traders made them prefer currencies with higher yield.(...) |
Canada’s Dollar Gains on Rally of Stocks Posted: 19 Mar 2012 01:54 PM PDT The Canadian dollar gained today as global stocks rallied and positive macroeconomic fundamentals in the United States boosted risk appetite and increased appeal of Canada’s currency.(...) |
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