Top Forex News

Diposting oleh d3nfx Jumat, 23 Maret 2012

Top Forex News


UK Pound Higher Against Greenback, Aussie

Posted: 23 Mar 2012 07:19 AM PDT

Focus on 5-pound noteUK pound is finding some strength today against the US dollar and the Australian dollar. Sterling is rising against the greenback as risk appetite makes an appearance, and gaining against the Aussie as the news about China continues to weigh on the Down Under currency.

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US Dollar Weakens as Risk Appetite Makes a Cautious Appearance

Posted: 23 Mar 2012 06:30 AM PDT

A sheet of US 100-dollar bills up to the horizonUS dollar is weakening today as risk appetite makes a cautious appearance in the markets. Yesterday, greenback was higher, and gold prices reached a low not seen for 10 weeks. Today equities are still struggling, but higher gold is helping the euro against the US dollar, and some Forex traders are looking for risk.

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Thai Baht Falls as Finance Minister Concerned About Strong Currency

Posted: 23 Mar 2012 05:12 AM PDT

Thai baht banknotesThai baht fell today as nation’s Finance Minister Kittiratt Na-Ranong expressed concerns that the strong currency hurts Thailand’s economy and voiced his opinion that the central bank should ease the monetary policy.(...)
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NZ Dollar Rises as US Economy Demonstrates Recovery

Posted: 23 Mar 2012 04:17 AM PDT

10 NZD banknote on 20-dollar noteThe New Zealand dollar advanced today on hopes that demand from the United States would support prices for raw materials as the US economy shows signs of robust recovery.(...)
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Yen Gains as Traders Require Safety

Posted: 22 Mar 2012 04:58 PM PDT

Scattered 10,000-yen notesThe Japanese yen surged today as Forex market participants preferred to avoid risk and stick to safer assets, allowing the currency to continue its rally that followed more than a week of losses.(...)
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Canadian Dollar Sinks as Retail Sales Come Out Worse than Expected

Posted: 22 Mar 2012 03:33 PM PDT

A heap of Canadian dollar billsThe Canadian dollar slid today as news from China and Europe wasn’t particularly favorable, reinforcing investors’ willingness to stick to safer assets and avoid riskier ones. Fundamentals in Canada itself also weren’t very good.(...)
Read the rest of Canadian Dollar Sinks as Retail Sales Come Out Worse than Expected (84 words)

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