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The yen managed to climb versus several main traded currencies and hit the highest level versus the U.S. dollar after Japanese policy makers affirmed that a strong currency will not impact the country’s economy negatively.(...)Read the rest of Yen Climbs on Finance Minister Statements (172 words)
Posted on Forex News.
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After touching the highest level in 2009 as commodities and stocks climbed and the greenback lost appeal yesterday, the loonie did not manage to sustain its levels and dropped as the crude oil declined today.(...)Read the rest of Canadian Dollar Falls from Record High on Market Confusion (70 words)
Posted on Forex News.
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US Dollar: At the Mercy of Risk Appetite…or is It? Euro Could Succumb to ECB’s Neutral Stance, Weak Data Japanese Yen Volatility Likely on Currency Intervention...
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In a widely unexpected surprise. The Reserve Bank of Australia hiked Australian rates by a quarter percent to 3.25 percent.The bank cited a recovery of economic growth globally and a...
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The Aussie rose to its mid-August highs against the Japanese yen today as the traders listened to the analysts’ speculations that the central bank has opened a carry trade opportunity with the interest rate hike.(...)Read the rest of Australain Dollar Reaches 8-Week High vs. Yen (190 words)
Posted on Forex News.
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The British Pound has remained under pressure overnight falling back below 1.600 despite a rise in factory gate prices and a narrowing trade deficit.
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I regularly scroll through the forex trading forum here and review all the post and participate in the discussions.
I always take the time to email any companies that try to...
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The U.S. dollar declined today against the euro and the other major currencies as the global economic recovery is looking more sound with the stock markets rising and the business/consumer confidence going up worldwide.(...)Read the rest of Global Recovery Signs Hurt Dollar (164 words)
Posted on Forex News.
32
The Chilean currency was one of the few traded in foreign-exchange markets that managed to continue a rally versus the greenback, sparked yesterday by a wave of risk appetite that helped emergent market currencies to climb, today, the peso climbed on improved domestic data.(...)Read the rest of Chilean Peso Extends Rally on Surplus (65 words)
Posted on Forex News.
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