The New Zealand dollar advanced today against most major currencies as global stocks gained and outlook for the US economy remained positive, increasing demand for higher-yielding assets.(…)Read the rest of Kiwi Higher on Good Prospects for US Economy & Equity Gains (51 words) Posted on Forex News. Read More Kiwi Higher on Good Prospects for US Economy dan Equity Gains
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The Australian dollar rallied this week as optimism returned to the Forex market on the positive signs from the United States. The flow of bad news from Europe paused for a time, easing concerns about the sovereign debt crisis. 5 Vote(s) Read More Weekly Gains of Aussie on Good US Economy
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EUR/AUD big mover, after it hit post euro all time lows around 1.2855-65 yest, rebounded towards 1.2930-40. AUD/USD hit lows of 1.0051, after it rallied to 1-week highs of 1.0220 yest, helped by Russian, sovereign demand. But market caught a tad long. … 27 Vote(s) Read More Good morning Emerging Europe Africa
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The Canadian dollar jumped by the end of this trading week as Europe moved closer to resolution of the sovereign-debt crisis, while the confidence of US citizens improved. Earlier, the currency declined, dragged down by fears that the European Union wouldn’t make headway with battling the crisis.(…)Read the rest of Canadian Dollar Jumps as Europe & USA Bring Good News (133 words) Posted on Forex News. Read More Canadian [...]
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The South African rand went higher today for the first time this week as the good fundamentals and the outlook for the USA overshadowed the European crisis.(…)Read the rest of South African Rand Higher on Good News from USA (72 words) Posted on Forex News. Read More South African Rand Higher on Good News from USA
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FXstreet.com (C?rdoba) ? The European Commission, the ECB and the IMF concluded the second… For more information, read our latest forex news. Read More Troika Portugals economic program off to a good start
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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 [...]
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The markets appear euphoric about the ability for European policy makers to deliver on new promises. Low market expectations were met. We, too, have a positive takeaway, but only because of one detail of the grand plan; actually, let’s call it a “grand sketch,” as many details are still unknown. Read More Euro Bailouts The [...]
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FXstreet.com (Barcelona) – Generalized Dollar weakness has driven the Euro to levels right below… For more information, read our latest forex news. Read More Forex Flash EUR USD at good sell entry levels Wells Fargo
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The AUD was under pressure as the RBA was dovish on the global turmoil and noted the next Interest rate move would come from Q3 inflation data. The central bank of Australia held at 4.75%. The AUD/USD did well in the ‘risk on’ rally trade later in the … 37 Vote(s) Read More EURO Rebounds, [...]
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