UK pound is gaining against a weaker euro today, heading higher as worries about Greek debt resume. Greek talks have been suspended for a short time, even though Greek PM Lucas Papademos said that some progress had been made recently. The pound, though, is down against the US dollar as risk aversion sets in. (…)Read the rest of UK Pound Gains against [...]
(Dow Jones via eFXnews) Traders amassed a net $24.8 billion in bets that the euro will continue to weaken, the largest such position since at least 2007, as of Jan. 10, government data showed Friday. Speculators held a net 155,195 contracts ag 41 Vote(s) Read More Speculators Pile Into Bets Against Euro Most Since 2007
Japanese yen is gaining against the euro and the pound today, thanks to renewed fears about what’s next for Europe. Yen is lower against the US dollar, though, thanks in part to the re-emergence of the trade deficit in Japan. As long as concerns about Europe, and the banking industry, remain, yen is likely to find some strength against European currencies. (…)Read the rest of Japanese Yen Gains Against Euro, Pound (155 [...]
The Czech koruna declined today to the lowest level since July 2010 after minutes of a central bank’s policy meeting showed that policy makers anticipated slower economic growth in the country.(…)Read the rest of Czech Koruna Falls to 19-Month Low Against Dollar (127 words) Posted on Forex News. Read More Czech Koruna Falls to 19Month Low Against Dollar
The Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar.(…)Read the rest of Pound Jumps to Highest Price in More Than a Year Against Euro (117 words) Posted on Forex News. Read More Pound [...]
Snapping its three session losing string, the rupee today gained 9 paise to close at 53.21/22 against the dollar amid a strong rally in local equities and fresh dollar selling by exporters. Foreign exchange dealers said weakening of the US currency in … 34 Vote(s) Read More Rupee gains 9 paise against US dollar
Falling to the lowest level in almost 11 years, the European euro traded slightly higher at 99.75 against the Japanese yen after falling as low as 99.25 – a level not seen since 2000. 38 Vote(s) Read More Euro Bounces From 11Year Low Against Japanese Yen
UK pound is heading higher against the euro right now, thanks to the news that Moody’s is planning to review many of the countries in the eurozone. The possibility of downgrades has been floated, and that is impacting the euro in its performance against the pound. (…)Read the rest of UK Pound Looks for Success Against the Euro (143 words) Posted on Forex News. Read More UK Pound Looks [...]
US dollar is rising slightly against the pound and the euro, reversing some earlier weakness against the currencies earlier. In earlier trading, greenback slipped as speculation began that the Fed would end its policy of low interest rates before the middle of 2013. (…)Read the rest of US Dollar Rises Slightly Against Pound, Euro (137 words) Posted on Forex News. Read More US Dollar Rises [...]
Japanese yen is higher today against the?US dollar, a?situation that has many companies in?Japan increasing their efforts to?shift overseas. Yen continues to?strengthen, in?spite of?efforts by?Japanese leaders to?keep the?currency weak against the?dollar. (…)Read the rest of Yen Remains Strong Against the US Dollar (144 words) Posted on Forex News. Read More Yen Remains Strong Against the [...]
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