The low cross-rate across the ditch has helped New Zealand exporters into Australia, especially the country’s under-pressure manufacturing sector. Although there has been the occasional and short-lived brief spike and dip, the rate has hovered between … 29 Vote(s) Read More Transtasman currency cross rate to head higher again
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The Swiss franc dropped after Switzerland’s central bank reported that the nation’s foreign currency reserves decline last month.(…)Read the rest of Swiss Franc Lower as Foreign Currency Reserves Decline (96 words) Posted on Forex News. Read More Swiss Franc Lower as Foreign Currency Reserves Decline
Posted in FX News | Tagged as, currency, decline, foreign, franc, lower, reserves, swiss
The Euro’s fundamental outlook is a mess. There is little doubt that the region is facing far greater losses on the ongoing expansion of its financial crisis; and the ultimate tab for this disaster (in both monetary and confidence means) is still unknown. Read More Euro Crisis Deepening but Currency May Enjoy Further Bounce
Posted in FX News | Tagged bounce, but, crisis, currency, deepening, enjoy, euro, further, may
AUDUSD: Our outlook on AUDUSD remains to the upside as it continues to rally breaking and maintaining firmly above its daily 200 ema presently located at the 1.0257 level and the 1.0290 level, its Sept 29’2011 high. 37 Vote(s) Read More Currency Outlook AUDUSD
Posted in FX News | Tagged audusd, currency, outlook
There’s been a lot of news recently regarding China, and we have another important release scheduled for later today in the form of China consumer price data. As know the Chinese government has made it a priority to stamp out inflation, which rose to uncomfortably high levels earlier this year. Read More China Sept Inflation [...]
Posted in FX News | Tagged amp, bill, china, currency, for, inflation, next, report, sept, whats, yuan
The Brazilian real advanced today amid the speculation the Federal Reserve and the European Central Bank are ready to meet the economic challenges and support the global recovery, while Brazil’s central bank is going to stem losses of the Brazilian currency.(…)Read the rest of Brazil’s Real Gains as Central Bank Plans Support Currency (104 words) Posted on Forex News. Read More Brazils Real Gains as Central Bank [...]
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The Australian dollar pared its two-day decline as the leaders of the Group of Twenty nations pledged to resolve the problems of the global economy and prevent another worldwide financial crisis.(…)Read the rest of Australian Currency Rebounds, Down Over Week (128 words) Posted on Forex News. Read More Australian Currency Rebounds, Down Over Week
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The franc plunged today, posting the biggest decline against the euro in all times, after the Swiss National Bank decided to set limit of franc’s appreciation versus the euro.(…)Read the rest of Record Drop of Franc After SNB Pegs Currency to Euro (103 words) Posted on Forex News. Read More Record Drop of Franc After SNB Pegs Currency to Euro
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US Dollar Risks Further Declines on Debt Ceiling, Fed Policy Euro’s Boost from a Weak Dollar Won’t Quiet Crisis Fears Japanese Yen Outlook Hinges on Broader Market Sentiment, Data Flow British Pound Direction Contingent on Bank of England Minutes Canadian Dollar To Strengthen Further On BoC Rate Expectations Australian Dollar to Fall on Diminishing Rate [...]
Posted in FX News | Tagged 071811, currency, Forecast, trading, weekly
The Canadian dollar posted a big jump against most of its major counterparts today as the nation’s inflation accelerated much more than was forecast and commodities, including crude oil, advanced.(…)Read the rest of Canada’s Currency Erases Losses in Big Jump (109 words) Posted on Forex News. Read More Canadas Currency Erases Losses in Big Jump
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