Asian currencies pared losses for the week as signs Ireland will accept a bailout and regional economies are sustaining growth fuelled investor appetite for higher-yielding assets. 5 Vote(s) Read More Asian Currencies Pare Weekly Losses as Ireland Concern Eases
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European finance ministers sought to calm nervous financial markets on Monday by nailing down details of a massive eurozone safety net. Read More Markets pare losses on eurozone reassurance
Posted in FX News | Tagged eurozone, losses, markets, on, pare, reassurance
FXstreet.com (Barcelona) – US stock futures turned lower before the bell after the initial jobless… For more information, read our latest forex news. Read More US stock futures pare modest gains on jobless claims
Posted in FX News | Tagged claims, futures, gains, jobless, modest, on, pare, stock, us
The appeal for the U.S. currency surged today after an employment report showed another consecutive improvement suggesting that economic conditions are better in North America than in other wealthy regions around the world.(…)Read the rest of Dollar Pare Losses on Positive Economic Data (139 words) Posted on Forex News. Read More Dollar Pare Losses on Positive Economic Data
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The Australian dollar managed to gain versus lower-yielding currencies before a report to be released this week in the country is likely to show an advance in inflation in the last year’s last quarter, helping speculations that a series of interest rates in the country will restart.(…)Read the rest of Australian Dollar Pare Losses on Inflation (85 words) Posted on Forex News. Read More Australian Dollar Pare Losses on Inflation
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While price action in the Asian session of trade was largely consolidative with the exception of some relative weakness in the antipodeans and relative strength in the Yen, the European session has been much more volatile, with the broad based currency liquidation gaining momentum… Read More USD Bulls Gaining Momentum as Investors Pare Back Risk
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The South African rand erased losses from the beginning of the way today on speculations that interest rates in country will not be cut, raising attractiveness for the high-yield profile of the South African currency.(…)Read the rest of Rand Pare Losses on Rates Speculations (69 words) Posted on Forex News. Read More Rand Pare Losses on Rates Speculations
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The dollar gained versus the euro and the pound in the very end of this week’s session as a bearish movement in stock markets increased attractiveness for the relative safety of the U.S. currency.(…)Read the rest of Dollar Pare Losses on Renewed Attractiveness (65 words) Posted on Forex News. Read More Dollar Pare Losses on Renewed Attractiveness
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In the end of this week’s session the Canadian dollar pared its previous gains as risk aversion rose this Friday, affecting U.S. stocks performance and also the crude oil, the main Canadian commodity exported to the United States, influencing the loonie’s outlook.(…)Read the rest of Canadian Dollar Pare Gains on Risk Aversion (170 words) Posted on Forex News. Read More Canadian Dollar Pare Gains on Risk [...]
Posted in FX News | Tagged aversion, canadian, dollar, gains, on, pare, risk