The Great Britain pound rose today against the US dollar after a report showed that confidence of Britons unexpectedly improved last month, muting speculations about quantitative easing from the Bank of England. The currency was down against the Japanese yen.(…)Read the rest of GBP/USD Higher as Consumer Confidence Improves (63 words) Posted on Forex News. Read More GBP USD Higher as Consumer Confidence [...]
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On Tuesday, most markets saw a setback on Monday’s sharp sell-off in risky assets. In this move, EUR/USD returned to the 1.32 area, but a technically significant break didn’t occur. EUR/GBP came near the 0.8143 August 2010 low. Today, the focus of currency trading will be on the Fed. Read More Euro Slightly Higher As [...]
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The Great Britain pound rose against the euro and erased its losses versus the US dollar as fears of Europe’s troubles drove investors to the relative safety of the UK currency. The sterling retreated a little against the greenback today and continued to fall versus the Japanese yen.(…)Read the rest of Pound Goes Higher vs. Euro as Future of Europe Still Uncertain (99 words) Posted on Forex News. Read More Pound [...]
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FXstreet.com (San Francisco) – The USD/JPY pair continued the extension of the bounce from its… For more information, read our latest forex news. Read More Forex USD JPY treks higher ahead of BOJ
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While EUR/USD trading was rather uneventful, sterling was the star performer. Helped by less dovish BoE Minutes and a stronger labour market report, sterling shot higher pushing EUR/GBP below key support and GBP/USD above 1.60. Read More Sterling Leaps Higher On Less Dovish BoE Minutes
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USD is mostly firmer against its G10 counterparts and the dollar index has rebounded from the base of its daily ichimoku cloud. Range trading is likely to continue while the DXY stays within its cloud which sees the base and top around 79.50 and 79.95 respectively. The only data release Read More GBP Outperforms, CAD [...]
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Once again, the US dollar index is heading higher, gaining as concerns about what’s happening in the eurozone take precedence over much else. Greenback is also getting help from the fact that the US economy seems ready to recover better than the eurozone economy right now. (…)Read the rest of US Dollar Heads Higher on Spanish Concerns (140 words) Posted on Forex News. [...]
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Euro is higher today, gaining as stocks see some improvement, and as risk appetite overall improves. However, even with relief allowing the euro to push through resistance, the 17-nation currency still remains vulnerable, and there are still questions about how well the eurozone can weather more problems. (…)Read the rest of Euro Heads Higher — For Now (137 words) Posted on Forex News. [...]
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FXstreet.com (Barcelona) – After rightly calling for a short position on AUD/NZD over the past few… For more information, read our latest forex news. Read More Forex Flash AUD NZD at risk of rotating higher, taking profits ANZ
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Bank of Canada Comments Send Loonie Higher
Right now, the Canadian dollar is seeing gains against nearly all of its major counterparts as the Bank of Canada comes out sounding a bit hawkish. Loonie is finding support in general risk appetite as well, and receiving some help from higher oil prices. (…)Read the rest of Bank of Canada Comments Send Loonie Higher (131 words) Posted on Forex News. Read More Bank [...]
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