The dollar weakened after the Federal Open Market Committee released the minutes of its policy makers’ meeting, which signaled about the second round of quantitative easing.(…)Read the rest of Dollar Falls as Federal Reserve Signals About Easing (145 words) Posted on Forex News. Read More Dollar Falls as Federal Reserve Signals About Easing
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The Japanese yen went down today as the Asian stocks rallied, causing the speculation that the region’s economy continues to grow and damping the demand for the Japanese currency as the safe haven.(…)Read the rest of Yen Weakens as Stocks Gain, Talks About Intervention Intensify (60 words) Posted on Forex News. Read More Yen Weakens as Stocks Gain, Talks About Intervention Intensify
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The Asian currencies, including the South Korean won, gained today on the growth prospects of the Asian region and after the US Federal Reserve signaled yesterday that it may add more stimulus to support the economy.(…)Read the rest of South Korean Won Rise on Growth Prospect & Fed’s Easing (71 words) Posted on Forex News. Read More South Korean Won Rise on Growth Prospect dan [...]
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The Canadian dollar traded near parity with its US counterpart after the report showed the new home prices unexpectedly grew in August and as the commodities rallied, increasing the appeal of the growth-related currencies.(…)Read the rest of Canadian Dollar Heads to Parity with Greenback (142 words) Posted on Forex News. Read More Canadian Dollar Heads to Parity with Greenback
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The Swiss franc slipped today against the euro after Axel Weber said that the European Central Bank should end its bonds-purchase program. The franc also fell after reaching the record high level versus the US dollar.(…)Read the rest of Swiss Franc Falls After Hitting Record vs. Dollar, Drops vs. Euro (110 words) Posted on Forex News. Read More Swiss Franc Falls [...]
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Read More No Trade Staying on the Sidelines for Now
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Read More USDJPY Bears Set Sights on Record Low
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See what comments have been hitting the wires and moving markets today…. Read More Daily Sound Bites 1013
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Jobless claims in Great Britain rose more than economist’s expectations in September as figures advanced 5.3K after climbing a revised 3.8K in August. At the same time, the ILO unemployment rate unexpectedly scaled back to 7.7 percent during the three months ending in August from 7.8 percent in July. Read More UK Jobless Claims Rises [...]
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Read More Remain Short AUDCAD Short GBPUSD
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