Crude oil and gold prices appear likely to decline as returning risk aversion weighs on growth-geared assets and boosts the safe-haven US Dollar. Read More Crude Oil, Gold Under Pressure as Returning Risk Aversion Boosts Dollar
Posted in FX News | Tagged as, aversion, boosts, crude, dollar, gold, oil, pressure, returning, risk, under
The Canadian dollar fell yesterday and continued its decline today against the US currency and the Japanese yen as optimism evaporated from the Forex market. Canada’s currency jumped versus the euro.(…)Read the rest of Canada’s Dollar Suffers from Risk Aversion (128 words) Posted on Forex News. Read More Canadas Dollar Suffers from Risk Aversion
Posted in FX News | Tagged aversion, canadas, dollar, from, risk, suffers
USD continues to advance as markets remain risk averse as European concerns elevate. The buck is also gaining on the back of technical momentum with the break of key levels across the major currencies and 11-months highs in the Dollar Index. Global equities are trading lower and UST yields continue Read More USD Upward Momentum [...]
Posted in FX News | Tagged aversion, continues, momentum, on, risk, upward, usd
Risk aversion was the main driver today on the Forex market, as the week came to a close. With risk aversion rising, the Canadian dollar dropped, ending the week on a lower note against the US dollar. (…)Read the rest of Canadian Dollar Falls as Risk Aversion Rises (150 words) Posted on Forex News. Read More Canadian Dollar Falls as Risk Aversion Rises
Posted in FX News | Tagged as, aversion, canadian, dollar, falls, rises, risk
UK pound is lower today as risk aversion sets in. Concerns about Europe are affecting the financial markets today, with banks retreating — and other stocks retreating as well. Even though the pound is lower against the dollar and yen on risk aversion, though, it is gaining against the euro. (…)Read the rest of UK Pound Drops on Risk Aversion (146 words) Posted on [...]
Posted in FX News | Tagged aversion, drops, on, pound, risk, uk
This week was good for the US dollar as risk aversion sentiment caused by the problems in Europe increased demand for safety of the US currency. The end of the week, though, was marked by return of risk appetite, reducing gains of the greenback. 26 Vote(s) Read More Week of Risk Aversion Was Moderately Good [...]
Posted in FX News | Tagged aversion, dollar, for, good, moderately, of, risk, us, was, week
The Great Britain pound declined today versus the US dollar as the uncertainty about the outcome of the European Union summit made traders prefer safer currencies, shunning the sterling that is also weakened by the problems in Britain itself.(…)Read the rest of GBP/USD Falls as Risk Aversion Rules Market (94 words) Posted on Forex News. Read More GBP USD Falls as Risk Aversion Rules Market
Posted in FX News | Tagged as, aversion, falls, gbpusd, market, risk, rules
The Japanese yen fell against all of its major counterparts today, including the US dollar, as the optimism regarding the European debt troubles situation changed the risk-averting mood of the markets to positive.(…)Read the rest of Yen Weaknes as Risk Aversion Fades on Eurozone Expectations (110 words) Posted on Forex News. Read More Yen Weaknes as Risk Aversion Fades on Eurozone Expectations
Posted in FX News | Tagged as, aversion, eurozone, expectations, fades, on, risk, weaknes, yen
The Swiss franc snapped its decline today as the speculation about potential slowdown of the global economic growth returned attractiveness to safe currencies.(…)Read the rest of Franc Gains as Markets Return to Risk Aversion (69 words) Posted on Forex News. Read More Franc Gains as Markets Return to Risk Aversion
Posted in FX News | Tagged as, aversion, franc, gains, markets, return, risk, to
The USD got more pronounced relief overnight on continued unwinding of the risk premium from the debt ceiling issue and failing risk appetite. Meanwhile, Aussie longs stumbled on a very dovish RBA statement. The RBA left rates unchanged as expected and expressed more marked concern than previously about the state Read More USD Basking in [...]
Posted in FX News | Tagged aussie, aversion, basking, in, on, rba, risk, stumbles, usd, while