US dollar is rising today against major currencies as a safe haven. Concerns about what’s next for the global economy are causing Forex traders to look for safety — and the US dollar is the best choice. (…)Read the rest of US Dollar Rises on Safe Haven Demand (144 words) Posted on Forex News. Read More US Dollar Rises on Safe Haven Demand
Posted in FX News | Tagged demand, dollar, haven, on, rises, safe, us
New York: Gold on Wednesday hit a two-week high, as concern over Europe’s debt woes spurred demand for the metal as a protection of wealth. The metal gained USD 28.90, or 1.7 percent, to USD 1689.90 an ounce, the highest price since September 23 on the … 26 Vote(s) Read More Gold gains to twoweek [...]
Posted in FX News | Tagged as, debt, demand, european, gains, gold, high, spur, to, twoweek, woes
Read More Gold to Rise on SafeHaven Demand, Fed Stimulus Expectations
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The Chinese yuan fell today as the central bank set the reference rate for the currency lower for the first time in six day after the European leaders failed to reach an agreement about measures for fighting the debt crisis.(…)Read the rest of Yuan Goes Down as Europe Saps Demand for Asian Assets (66 words) Posted on Forex News. Read More Yuan Goes Down as Europe Saps Demand for [...]
Posted in FX News | Tagged as, asian, assets, demand, down, europe, for, goes, saps, yuan
FXstreet.com (Barcelona) – The Swiss franc once again surged to fresh all-time highs against the… For more information, read our latest forex news. Read More Forex CHF in high demand amid market turmoil
Posted in FX News | Tagged amid, chf, demand, forex, high, in, market, turmoil
The Japanese yen jumped today after bombers killed at least 73 people in Pakistan, supposedly in response to the death of Osama bin Laden.(…)Read the rest of Yen Gains as Demand for Safety Surges After Pakistan Bombing (75 words) Posted on Forex News. Read More Yen Gains as Demand for Safety Surges After Pakistan Bombing
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The Japanese yen gained today as fears that the death of Osama bin Laden will cause revenge from Al-Qaeda spurred demand from investors for the currency as a safe haven.(…)Read the rest of Yen Jumps as bin Laden’s Death Causes Demand for Safety (120 words) Posted on Forex News. Read More Yen Jumps as bin Ladens Death Causes Demand for Safety
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The Australian dollar hit yet another record against the US currency today as the report about the employment in Australia was better than anticipated.(…)Read the rest of Good Employment in Australia Increases Demand Aussie (62 words) Posted on Forex News. Read More Good Employment in Australia Increases Demand Aussie
Posted in FX News | Tagged aussie, australia, demand, employment, good, in, increases
The Malaysian ringgit, together with some other Asian currencies, fell today as the threat of the radiation contamination from the damaged nuclear plant in Japan curbed attractiveness of the Asian assets.(…)Read the rest of Malaysian Ringgit Falls as Japan Reduces Demand for Asian Assets (75 words) Posted on Forex News. Read More Malaysian Ringgit Falls as Japan Reduces Demand for Asian Assets
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The Japanese yen gained today versus all other most-traded currencies as the earthquake in Japan increased local demand for the currency as a safe haven.(…)Read the rest of Yen Appreciates as Tremor Boosts Demand for Safety (71 words) Posted on Forex News. Read More Yen Appreciates as Tremor Boosts Demand for Safety
Posted in FX News | Tagged appreciates, as, boosts, demand, for, safety, tremor, yen
