UK pound is higher against the US dollar today, gaining on better retail sales data. The expectation now is that Great Britain will avoid a recession, and that is providing sterling with a little support today. (…)Read the rest of Retail Sales Data Helps UK Pound against US Dollar (149 words) Posted on Forex News. Read More Retail Sales Data Helps [...]
Posted in FX News | Tagged against, data, dollar, helps, pound, retail, sales, uk, us
The Bank of Japan increased its asset-purchase fund to 30 trillion yen last week. The stronger the US economy, the stronger the sense that the interest-rate story will turn around and some of the strength in the yen relative to the US dollar starts to … 39 Vote(s) Read More Dollar Near 6Month High Against [...]
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US dollar is mixed against major European currencies today as good news out of the United States contrasts with continued uncertainty out of the eurozone. Concerns about what’s next for Europe are weighing on the euro, while a general feeling of risk appetite is helping the pound. (…)Read the rest of US Dollar Gains Against Euro, Falls Against Pound (143 words) Posted on Forex News. Read [...]
Posted in FX News | Tagged against, dollar, euro, falls, gains, pound, us
The technical picture is too compelling to ignore at this point. With a run up of about 3% over the last two weeks, bullish yen players may be looking to play their hand at the Asian currency against the Swiss franc. Now trading at 85.55, the p 25 Vote(s) Read More Call The Japanese Yen [...]
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Canadian dollar dropped earlier in trading as the news about US retail data caused a general pull back for riskier currencies. Since the United States is a major trading partner, the news about retail sales was a bit of a blow for the loonie. However, some of the losses have been pared as oil prices top $101 a barrel and as the ZEW shows hope for the eurozone economy. (…)Read the rest of Loonie Pares Some of [...]
Posted in FX News | Tagged against, greenback, its, loonie, losses, of, pares, some, the
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 [...]
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(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
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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 [...]
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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
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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 [...]
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