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Posted in FX News | Tagged 0202, crude, light |
The Japanese Yen bounced back against the greenback and is the best performing currency on Tuesday, while the Australian dollar tumbled lower during the overnight trade as the Reserve Bank of Australia unexpectedly held the benchmark interest rate at 3.75%. Read More Japanese Yen Rebounds Against Greenback, Australian Dollar Weighed Following RBA
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The upcoming BoE rate decision has brought U.K. interest rates back into focus as the central bank has been the laggard in signaling an end to its quantitative easing efforts. The MPC has exhausted the 200 billion pounds that have been approved for its asset purchase program which has markets expecting that at Thursday’s policy [...]
Posted in FX News | Tagged appetite, as, boe, could, course, losses, new, pound, rises, risk, set, slowed |
The Bank of England is widely expected to maintain the benchmark interest rate at 0.50% this month, while market participants speculate the central bank to conclude its easing cycle as the economy emerges from its worst recession since the post-war period. Read More GBP USD Trading the Bank of England Interest Rate Decision
Posted in FX News | Tagged bank, decision, england, gbpusd, interest, of, rate, the, trading |
A dovish BoE could lead to a break of the current range setting the pair on a new course and negating the positions put forth. Waiting until the release will minimize risks and considering the significance of the event risk we will most likely see muted price action leading up to the announcement. Read More [...]
Posted in FX News | Tagged at, boe, decision, gbpusd, range, rate, risk, with |
The start of 2010 was rather grim for the European single currency as consumer confidence and economic acceleration decreased in the European Union, adding to the negative sentiment spread in markets but some of the bloc’s members raising budget deficits.(…)Read the rest of Euro May Fall Further After Monthly Drop (145 words) Posted on Forex News. Read More Euro May Fall Further After Monthly Drop
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After losing versus most of the main traded currencies during last week’s session, the euro rebounded today as stocks surged globally, renewing confidence for higher-yielding currencies, and forcing the greenback down versus the European single currency for the first time in 5 days.(…)Read the rest of Euro Rebounds on Stocks Performance (124 words) Posted on Forex News. Read More Euro Rebounds on Stocks Performance
Posted in FX News | Tagged euro, on, performance, rebounds, stocks |
The U.S. dollar lost versus most of the main traded currencies in foreign-exchange markets with a stronger risk appetite today as traders expect the economic recovery to accelerate, decreasing demand for refuge currencies after the dollar gained during most of the past week’s sessions.(…)Read the rest of Dollar Tumbles on Increased Risk Appetite (139 words) Posted on Forex News. Read More Dollar Tumbles on Increased Risk Appetite
Posted in FX News | Tagged appetite, dollar, increased, on, risk, tumbles |
The pound was of the few currencies which couldn’t profit from a higher risk appetite today versus the dollar and the yen as another real estate report declined attractiveness for Britain’s currency, which started the week falling versus multiple currencies.(…)Read the rest of Pound Slides on Real Estate Data (73 words) Posted on Forex News. Read More Pound Slides on Real Estate Data
Posted in FX News | Tagged data, estate, on, pound, real, slides |
The Canadian dollar started February gaining after posting several consecutive losses in the last days of January as risk aversion dominated markets globally, but renewed confidence on the economic recovery allowed markets that influence Canada’s currency to gain considerably this Monday.(…)Read the rest of Canadian Dollar Advances on Commodities Rebound (75 words) Posted on Forex News. Read More Canadian Dollar Advances on Commodities [...]
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