After posting modest gains at the start of the week, the Australian Dollar finished the week poorly, dropping by 1.20 percent against the U.S. Dollar. The Australian Dollar, as part of the commodity currency block, faced significant headwinds in the latter half of the week; however, this was widely expected, as global growth continues to [...]
Posted in FX News | Tagged aussie, break, could, decision, rate, rba, the |
Both the Australian and the New Zealand dollars appear to be benefiting from the Asian stock market recovery, rising from the yesterday’s strong fall.(…)Read the rest of Asian Stocks Push AUD, NZD Up (120 words) Posted on Forex News. Read More Asian Stocks Push AUD, NZD Up
Posted in FX News | Tagged asian, aud, nzd, push, stocks, up |
For the second straight week, the Canadian Dollar was one of the worst performing currencies, dropping 2.11 percent against the U.S. Dollar as markets finished their correction that took place at the start of the week. This was expected, as I noted last week that “there could be a small correction in the coming days [...]
Posted in FX News | Tagged canadian, contingent, direction, dollar, global, growth, on, outlook |
Risk appetite is making an?appearance today, helping the?euro in?Forex trading as?investors look for?better yields. Unexpectedly good news has many Forex traders considering that things might start turning around — and?this is helping the?euro right now. (…)Read the rest of Risk Appetite Appears, Helping Euro in Forex Trading (149 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged appears, appetite, euro, forex, helping, in, risk, trading |
In an unexpected burst of momentum in the final hours of trading this past Friday, the euro tumbled to the threshold of major support against its US and British counterparts (two of the currency market’s most liquid pairs). This puts the world’s second most liquid currency at immediate risk of a extraordinary plunge to start [...]
Posted in FX News | Tagged a, as, euro, event, major, massive, of, on, rises, risk, the, tumble, verge |
The New Zealand dollar fell today, reaching the lowest level vs. the US currency in almost 6 months, following the sovereign credit rating downgrades performed by Standard & Poor’s and Fitch Ratings agencies. (…)Read the rest of New Zealand Dollar Falls on S&P and Fitch Downgrades (161 words) Posted on Forex News. Read More New Zealand Dollar Falls on SdanP and Fitch [...]
Posted in FX News | Tagged and, dollar, downgrades, falls, fitch, new, on, sp, zealand |
Though it was an extremely choppy performance, the dollar did well this past week. The greenback advanced against all its major counterparts with the exception of the British pound despite the lack of a tangible drive in underlying investor sentiment and the necessary liquidity demand that defines the fundamental appeal of an otherwise wayward currency. [...]
Posted in FX News | Tagged dollar, find, friday, nfps, to, traders, trend, until, volatility, wait, won146t |
The Canadian dollar is struggling against the US dollar in Forex trading today. Indeed, the loonie is one of several currencies dropping against the dollar as Forex traders look for safe haven in these difficult and disappointing times. With Chinese growth slowing, and the European sovereign debt crisis still in full effect, Forex traders are starting to get nervous about what’s next. (…)Read the rest of Canadian Dollar Falters [...]
Posted in FX News | Tagged as, canadian, concerns, dollar, economic, falters, global, grow |
US Dollar at Critical Levels Ahead of Nonfarm Payrolls, ECB Decision Euro On the Verge of a Massive Tumble as Major Event Risk Rises Japanese Yen Outlook Remains Bullish But for Possible Intervention Sterling Eyes BoE as Growth Concerns Take Root Gold Outlook Remains Bearish On USD Strength Canadian Dollar Direction Contingent on Global Growth [...]
Posted in FX News | Tagged 10032011, Forecast, forex, trading, weekly |
FXstreet.com (C?rdoba) – The Antipodeans suffered in the poor risk environment, correcting closer… For more information, read our latest forex news. Read More Forex Flash AUD, NZD correct closer towards fair value UBS
Posted in FX News | Tagged aud, closer, correct, fair, flash, forex, nzd, towards, ubs, value |
