Top Forex News |
- Russia’s Ruble Follows Crude Oil in Decline
- Risk Aversion Sends Canadian Dollar Lower
- Pound Rises vs. Euro on House Prices & Services
- Japanese Yen Rallies Against Other Majors
Russia’s Ruble Follows Crude Oil in Decline Posted: 04 Apr 2012 08:59 AM PDT The Russian ruble slid today against the US dollar as crude oil prices declined after US inventories advanced more than was predicted by specialists.(...) |
Risk Aversion Sends Canadian Dollar Lower Posted: 04 Apr 2012 07:43 AM PDT Canadian dollar is lower today as risk aversion sets in, and risk currencies lose ground. Loonie is down as investors look for ways to preserve their capital as opposed to seeing big gains. Equities around the world are lower, as are commodities, and that usually correlates with a higher US dollar against high beta currencies. (...) |
Pound Rises vs. Euro on House Prices & Services Posted: 04 Apr 2012 06:43 AM PDT The Great Britain pound reached today the highest level in two months against the euro as house prices rose and services industry expanded. The currency retreated against the US dollar after the initial advance.(...) |
Japanese Yen Rallies Against Other Majors Posted: 04 Apr 2012 06:40 AM PDT Japanese yen is rallying against other majors today as risk aversion in the markets prompts an interest in safe haven. The yen is prized for its stability, even though it is a low yielding currency. Concerns about the eurozone are a big part of the uncertainty right now. (...) |
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