The New Zealand dollar advanced today, rising against the US dollar and erasing its previous losses versus the Japanese yen, as Asian stocks gained ahead of the meeting of European finance ministers.(…)Read the rest of NZ Dollar Rises with Asian Stocks (56 words) Posted on Forex News. Read More NZ Dollar Rises with Asian Stocks
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The Polish zloty erased its earlier losses today after a report showed that retail sales in Poland increase more than was predicted, reinforcing optimistic outlook for the nation’s economy.(…)Read the rest of Zloty Rises with Poland’s Retail Sales (59 words) Posted on Forex News. Read More Zloty Rises with Polands Retail Sales
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The Canadian dollar erased its losses against its US counterpart as core inflation data was better than predicted and after prices for crude oil jumped. The currency was flat against the Japanese yen and fell versus the euro.(…)Read the rest of Canadian Dollar Rises as Core Inflation Quickens (115 words) Posted on Forex News. Read More Canadian Dollar Rises as Core Inflation Quickens
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The overall CPI rose an expected 0.4% in the month thus matching a similar-sized increase in January 2012. This resulted in the February 2012 year-over-year rate rising to 2.6% from 2.5% the previous month. Expectations of another sizeable monthly increase reflected indications that gasoline prices have started to trend higher Read More Canadian February Core [...]
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The Chinese yuan advanced today on the speculation that nation’s policy makers may ease regulations for banks to support the Chinese economy that is experiencing slowdown.(…)Read the rest of Yuan Rises as China Eases Regulations (53 words) Posted on Forex News. Read More Yuan Rises as China Eases Regulations
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The euro advanced today, reaching the highest price in more than four months against the Japanese yen, after Greece won parliamentary approval for another bailout and on anticipation of positive macroeconomic data.(…)Read the rest of Euro Rises as Greek Parliament Approves Bailout (77 words) Posted on Forex News. Read More Euro Rises as Greek Parliament Approves Bailout
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The Norwegian krone fell today after central bank’s Governor Oeystein Olsen said that investors will shun riskier currencies, but the krone rebounded and currently trades above the opening rate.(…)Read the rest of Norwegian Krone Rises, Defies Olsen (77 words) Posted on Forex News. Read More Norwegian Krone Rises, Defies Olsen
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Canadian dollar is heading higher against the US dollar today, gaining as oil prices rise, and as optimism helps high beta currencies. Loonie is getting a boost from general risk appetite today, as well as being helped along by higher oil prices. Even a drop in Canadian manufacturing hasn’t been able to keep the loonie down. (…)Read the rest of Canadian Dollar Rises on Optimism, Oil Prices [...]
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One year on from the deadly earthquake and tsunami which struck Japan and the economy continues to show true signs of recovery, albeit slow, though consumer’s sentiment remains skeptical. The Japanese Cabinet office reported over the weekend that 38 Vote(s) Read More Yen Rises on Reports of Japans Slow but Steady Recovery
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The South African rand rose today against the dollar at the beginning of the trading session. The currency struggles to keep its gains and currently fell below the opening rate.(…)Read the rest of Rand Rises, Struggles to Keep Gains (60 words) Posted on Forex News. Read More Rand Rises, Struggles to Keep Gains
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