AUD/JPY Reaches Seven-Month High as Rate Cut Isn’t Expected
Saturday, February 25th, 2012
The Australian dollar climbed to the highest price in more than in seventh months against the Japanese yen as speculations about an interest rate cut receded, while general mood on the forex market was supportive for higher-yielding currencies. The Australian currency was down versus the US dollar and the euro.(…)
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The Great Britain pound jumped today, reaching the highest rate in more than five months versus the Japanese yen, after the report showed that the UK economy shrank last quarter on a quarterly basis, but expanded on an annual basis.(…)
The South Korean won gained today as positive data from Europe was followed by some really good numbers from the United States, including new home sales and consumer sentiment, that increased appeal of riskier currencies.(…)
US dollar is softer today as general risk appetite eliminates the need for safe haven currencies. Optimism about the future is high, and many
The South African rand advanced today, rising for the third consecutive trading session, after the report showed that German economy grew in the last quarter on an annual basis, supporting positive sentiment about the economy of the eurozone.(…)
Euro has moved above the 1.3400 mark today as
The Great Britain pound rose against the US dollar and the Japanese yen after macroeconomic data showed that the number of mortgage approvals reached the highest level in two years and industrial order expectations improved. The currency was down versus the euro.(…)
The Polish zloty gained today after data showed that retail sales in Poland grew last month, while positive macroeconomic reports from the eurozone and the United States added to strength of higher-yielding currencies.(…)
Canadian dollar is benefiting from improved sentiment today. A general feeling of risk appetite has returned to the
US dollar is lower across the board as equities show some spunk today. US stock futures are expected to open higher, and British stocks are higher today. There is a measure of risk appetite today as