The Australian Dollar may succumb to the return of market-wide risk aversion as Italy holds a general election while US “sequester” budget cuts loom ahead. Read More Australian Dollar at Risk on Italian Election, US Growth Fears
Posted in FX News | Tagged at, australian, dollar, election, fears, growth, italian, on, risk, us |
The FTSE 100 suffered its biggest one-day drop in seven months. Read More Stock markets tumble on Fed fears
Posted in FX News | Tagged fears, fed, markets, on, stock, tumble |
The Mexican peso dropped today as Forex market participants were worried that the central bank will lower interest rates in the near future, supporting the economy, but weakening the currency at the same time.(…)Read the rest of Mexican Peso Drops on Fears of Lower Interest Rates (89 words) Posted on Forex News. Read More Mexican Peso Drops on Fears of Lower Interest Rates
Posted in FX News | Tagged drops, fears, interest, lower, mexican, of, on, peso, rates |
The Indonesian rupiah declined today on worries that capital inflows into the country may shrink after the US Federal Reserve suggested that its stimulating program may end this year.(…)Read the rest of Rupiah Weakened by Fears that Fed’s QE May End This Year (60 words) Posted on Forex News. Read More Rupiah Weakened by Fears that Feds QE May End [...]
Posted in FX News | Tagged by, end, fears, feds, may, qe, rupiah, that, this, weakened, year |
The Canadian dollar weakened today as concerns about the US fiscal cliff were widespread ahead of negations between President Barack Obama and congressional leaders. The currency erased its gains versus the euro and the Japanese yen.(…)Read the rest of Fears of US Fiscal Cliff Have Negative Impact on Canadian Dollar (121 words) Posted on Forex News. Read More Fears of US Fiscal Cliff Have [...]
Posted in FX News | Tagged canadian, cliff, dollar, fears, fiscal, have, impact, negative, of, on, us |
Barack Obama will meet congressional leaders for last-ditch talks on a deal to avoid automatic tax rises and spending cuts as fears grew that America’s economy will fall over the so-called fiscal cliff in days. Read More Barack Obama in lastditch talks as fiscal cliff fears grow
Posted in FX News | Tagged as, barack, cliff, fears, fiscal, grow, in, lastditch, obama, talks |
For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0365, as traders backed away from riskier assets amid persistent concerns over the US fiscal cliff. LME Copper prices declined 0.7% or $57.0/MT to $7768.3/MT. Aluminium prices rose 0.2% or $3.5/MT to $2035.3/MT. Read More AUD USD Aussie Trading [...]
Posted in FX News | Tagged audusd, aussie, cliff, fears, lower, on, trading, us |
Crude oil and gold appear vulnerable as “fiscal cliff” fears return to undermine risk appetite and reboot demand for the safe-haven US Dollar. Read More Commodities Crude Oil, Gold Vulnerable as Fiscal Cliff Fears Return
Posted in FX News | Tagged as, cliff, commodities, crude, fears, fiscal, gold, oil, return, vulnerable |
UK manufacturing output fell in October at the fastest pace since June when extra public holidays dented production, data showed on Friday. Read More Triple dip fears rise on collapse in factory output
Posted in FX News | Tagged collapse, dip, factory, fears, in, on, output, rise, triple |
The Malaysian ringgit fell today, following other Asian currencies in losses, as fears of recession in the United States and the European Union deterred investors from buying riskier assets of emerging economies.(…)Read the rest of Ringgit Drops on Fears of Recession (58 words) Posted on Forex News. Read More Ringgit Drops on Fears of Recession
Posted in FX News | Tagged drops, fears, of, on, recession, ringgit |
