Top Forex News |
- Canadian Dollar Softens Against Dollar as Risk Aversion Returns
- UK Pound Drops on Government Borrowing
- Won Drops as China Reduces Appeal of Risky Assets
- Euro Rises as Greek Parliament Approves Bailout
- NZ Dollar Slides with Milk Prices
- Dollar Gains as China Makes Traders Cautious
Canadian Dollar Softens Against Dollar as Risk Aversion Returns Posted: 21 Mar 2012 07:28 AM PDT Canadian dollar is softening against the US dollar today, after seeing some earlier gains. Now, though, risk aversion is returning to the financial markets, and loonie is heading lower. Canadian dollar, however, retains many of its gains against the UK pound, which is embattled today. (...) |
UK Pound Drops on Government Borrowing Posted: 21 Mar 2012 06:18 AM PDT UK pound is struggling today, dropping on the latest figures related to government borrowing. As the government prepares to share its new budget, it’s clear that there isn’t going to be much room for stimulus. The news has the sterling heading lower against the euro and the US dollar today. (...) |
Won Drops as China Reduces Appeal of Risky Assets Posted: 21 Mar 2012 03:36 AM PDT The South Korean won slid today as global equities declined on concerns that China’s economic slowdown sapped demand from riskier assets of emerging economies.(...) |
Euro Rises as Greek Parliament Approves Bailout Posted: 21 Mar 2012 02:37 AM PDT The euro advanced today, reaching the highest price in more than four months against the Japanese yen, after Greece won parliamentary approval for another bailout and on anticipation of positive macroeconomic data.(...) |
NZ Dollar Slides with Milk Prices Posted: 20 Mar 2012 06:30 PM PDT The New Zealand dollar slipped as milk prices declined to the low last seen more than five months ago. The currency also weakened as concerns about slowdown of China’s economy turned investors’ sentiment to risk aversion.(...) |
Dollar Gains as China Makes Traders Cautious Posted: 20 Mar 2012 03:26 PM PDT The US dollar gained today as signs of an economic slowdown in China damped risk appetite of investors and made them to return to the safety of the US currency that is supported by the positive outlook for the nation’s economy.(...) |
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