Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows. Read More Dollar at Risk of Fresh Plunge as Dow Moves to Test [...]
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FXstreet.com (Barcelona) – The USD/CNH, or offshore USD/CNY, is trading with a mild bullish tone in… For more information, read our latest forex news. Read More Forex USD CNH sees pallid upward moves
Posted in FX News | Tagged forex, moves, pallid, sees, upward, usdcnh
Most Western stock markets may be closed today, but Forex trading is happening nonetheless. Trading is relatively thin, though. Right now the euro is gaining against the US dollar on expectations of an economic recovery for the United States, and possibly the world. (…)Read the rest of Euro Moves Higher in Holiday Trading (164 words) Posted on Forex News. Read More Euro Moves Higher [...]
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In New York, gold edged higher after its 4-day losing streak lured buyers amidst lower dollar. Gold for February delivery up by USD 20.70 to USD 1597.90 an ounce on the Comex division of the NYMEX late yesterday, while March silver contract gained 40 … 28 Vote(s) Read More Moderate recovery in gold silver moves [...]
Posted in FX News | Tagged gold, in, moderate, moves, recovery, silver, up
The haven currencies US dollar and Japanese yen moved higher against all counterparts in pre-Asia trading as markets question the ability of the EU’s plan with the IMF. After Friday’s summit with the EU17 nations, a compromise was passed allowing for more stringent budget requirements and an additional EUR 200 billion in funding to the [...]
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FXstreet.com (California) – [Current price: 1.3130] EUR/AUD extended its massive selloff Wednesday,… For more information, read our latest forex news. Read More Forex EUR AUD moves higher, trades above 13100 support
Posted in FX News | Tagged 13100, above, euraud, forex, higher, moves, support, trades
Including interventions, public sector net borrowing was GBP 3.4 billion, down from GBP 5.7 billion borrowing a year ago. Traders will look to the second estimates of third quarter GDP growth from the Bureau of Economic Analysis, due out at 8:30 am ET. … 34 Vote(s) Read More Crude Moves Back Above 98
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FXstreet.com (C?rdoba) ? The USD/JPY erased losses and is testing levels on top off 76.70 moving… For more information, read our latest forex news. Read More Forex USD JPY moves off daily lows
Posted in FX News | Tagged daily, forex, lows, moves, off, usdjpy
In yesterday’s session we saw risk aversion dominating on the back of weaker global growth concerns as well as the renewed uncertainty in the Euro-zone sovereign debt situation. The catalysts were weak manufacturing data from China, the US and UK, as well as surging yields in Italy and Spain. Read More Eye of the Storm [...]
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A combination of events late Wednesday and early Thursday brought about sharp downside acceleration in the US Dollar. However, the buck could be attempting to reassert itself… Read More Buck Sold Agressively Early On Sustainability of Moves Now in Question
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