The Canadian dollar continued to gain today versus its U.S. counterpart as risk appetite rose considerably in North America after U.S. jobless claims declined beyond expectations raising demand in markets that influence the loonie, as stocks and commodities.(…)Read the rest of Canadian Dollar Advances on U.S. Jobless Claims (152 words) Posted on Forex News. Read More Canadian Dollar Advances on US Jobless Claims
Posted in FX News | Tagged advances, canadian, claims, dollar, jobless, on, us |
The Swedish krona traded at the highest level in more than a year versus the euro as the nation’s central bank signaled that interest rates may be hiked sooner than previously expected by analysts, bringing regional investors to purchase assets in the region.(…)Read the rest of Krona Hits Record High on Swedish Interest Rate Outlook (77 words) Posted on Forex News. Read More Krona Hits Record High [...]
Posted in FX News | Tagged high, hits, interest, krona, on, outlook, rate, record, swedish |
Russia is one of the main suppliers of oil for Europe, and today, as the energetic commodity continued to climb, the ruble profited from renewed confidence in trade markets and gained versus several currencies of its trading partners.(…)Read the rest of Ruble Benefits From Oil Rally (60 words) Posted on Forex News. Read More Ruble Benefits From Oil Rally
Posted in FX News | Tagged benefits, from, oil, rally, ruble |
European economic growth slowed to a snail’s pace in the final quarter of last year, raising fears that the region could experience a double dip recession. Read More Euro hit by disappointing eurozone GDP figures
Posted in FX News | Tagged by, disappointing, euro, eurozone, figures, gdp, hit |
China brought risk aversion once again to high levels before the end of this week’s session after it announced new lending requirements for banks, making the pound to trade towards another week of losses versus lower yielding currencies.(…)Read the rest of Pound Down on China’s New Requirements (139 words) Posted on Forex News. Read More Pound Down on Chinas New Requirements
Posted in FX News | Tagged chinas, down, new, on, pound, requirements |
The euro is going to finish another week posting losses versus most of the 16 main traded currencies after GDP figures published today for the European Union showed worse-than-expected numbers for the region which is already suffering from Greece’s financial crisis.(…)Read the rest of Europe Economic Data Extends Euro’s Downtrend (136 words) Posted on Forex News. Read More Europe Economic Data Extends Euros [...]
Posted in FX News | Tagged data, downtrend, economic, europe, euros, extends |
American consumers chose not to tighten their belts at the start of the year, providing an unexpected fillip to January’s retail sales, which rose 0.5pc on the preceding month. Read More US retail sales better than expected
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Alistair Darling has given his clearest indication that the Budget next month will be a “soak-the-rich” affair, targeting the wealthy while slashing the deficit. Read More Rich to bear the cost as Chancellor pledges March Budget focused on growth
Posted in FX News | Tagged as, bear, budget, chancellor, cost, focused, growth, march, on, pledges, rich, the, to |
EURUSD: Upward Correction Likely Before Down Trend Resumes USDJPY: Selling to Resume Following Test of 90.00 Level GBPUSD: Remain Short as Prices Test Channel Support USDCAD: Futher Losses Likely on Trend Line Break AUDUSD: Bullish Correction Underway, 0.90 Figure Threatened NZDUSD: Channel Break to Promise Deeper Bullish Correction Read More US Dollar Betrays Hints of [...]
Posted in FX News | Tagged against, betrays, dollar, hints, majors, of, pullback, us |
FXstreet.com (Barcelona) – The Australian and the New Zealand dollar have both tumbled versus their… For more information, read our latest forex news. Read More Forex AUD and NZD fall after Chinese raise bank reserves
Posted in FX News | Tagged after, and, aud, bank, chinese, fall, forex, nzd, raise, reserves |
