Third Week of Gains for Aussie, Can Rally Be Sustained? Posted: 03 Sep 2011 05:32 AM PDT The Australian dollar rallied for almost the whole week, posting the third week of gains against the US dollar in the longest run of weekly gains since April, but by the end of the week fundamentals became unfavorable for the currency.(...) Read the rest of Third Week of Gains for Aussie, Can Rally Be Sustained? (146 words)
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Pound Profits from Terrible US Payrolls Posted: 02 Sep 2011 03:45 PM PDT The Great Britain pound gained against the US dollar as bad US non-farm payrolls reduced attractiveness of the greenback. The sterling also moved higher versus the euro as traders are concerned about the European economy.(...) Read the rest of Pound Profits from Terrible US Payrolls (128 words)
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US Dollar Suffers From Terrible Nonfarm Payrolls Posted: 02 Sep 2011 12:40 PM PDT The US dollar fell against other major currencies, including the Great Britain pound and the Japanese yen, today after the non-farm payrolls showed that job creation in the US stalled. The currency also slipped against the euro, but later rebounded.(...) Read the rest of US Dollar Suffers From Terrible Nonfarm Payrolls (114 words)
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