FXstreet.com (C?rdoba) – EUR/USD rose to a fresh 6-week high above 1.3200 as investors shrugged off… For more information, read our latest forex news. Read More Forex EUR USD climbs above 13200 despite EZ downgrades
US consumers are ending the year in a more upbeat mood despite signs that the world’s largest economy is yet to escape the global turmoil. Read More Americans more upbeat about prospects despite global gloom
Canada’s gross domestic product fails to expand for the first time in five months in October, reflecting lower pace of recovery in the world’s tenth largest economy which has been vulnerable to spreading sovereign crisis in Europe and overheating domestic housing market. Read More Loonie Remains Strong despite Flat October Canada GDP
The Great Britain pound advanced despite the consumer sentiment report was negative today. On the other hand, yesterday’s report showed positive developments, making traders confused. The explanation of the difference could be that one report is for December and another is for November.(…)Read the rest of Pound Higher Despite Confusing Consumer Confidence Reports (90 words) Posted on Forex News. Read More Pound Higher Despite Confusing [...]
The euro to Canadian dollar exchange rate is 0.41% lower with EUR CAD at 1.3560. The US dollar to Canadian dollar exchange rate is 0.83% higher with USD CAD at 1.0254. "Declines in gold, crude oil and copper today would ordinarily be a more of a drag … 23 Vote(s) Read More Canadian dollar manages [...]
The Swiss franc advanced yesterday and kept its gains today even though the market sentiment was favorable to riskier currencies, not safer ones.(…)Read the rest of Swiss Franc Rallies Despite Positive Market Sentiment (189 words) Posted on Forex News. Read More Swiss Franc Rallies Despite Positive Market Sentiment
Britain is now officially stuck on a slower recovery path than after the Great Depression of the 1930s despite better growth in the three months to September than expected. Read More UK recovery slowest in 100 years despite 05pc growth
The British economy bounced back slightly in the third quarter but may now be contracting again, economists and policy-makers have warned. Read More UK recovery still lacklustre despite Q3 improvement
The Reserve Bank of Australia’s statement at the start of trading on Tuesday underscored the growing pessimism – or more aptly described as a lack of optimism – over the global markets, weighing down risk-correlated assets throughout the overnight. Read More Euro Firms Despite Continued Selloff of Commodity Currencies
There was tremendous build up to the opening statement at the Jackson Hole symposium by Fed Chairman Ben Bernanke this past week; but the market was ultimately let down. Read More US Dollar Can Still Generate a Strong Bearing Despite Feddan146s QE3 Vagary
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