Archive for the ‘Forex’ Category

AUD/JPY Reaches Seven-Month High as Rate Cut Isn’t Expected

Saturday, February 25th, 2012

David Unaipon on Australian 50-dollar billThe 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.(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/25/audjpy-reaches-seven-month-high-as-rate-cut-isnt-expected/”>AUD/JPY Reaches Seven-Month High as Rate Cut Isn’t Expected (137 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Pound Climbs with Annual GDP Growth

Saturday, February 25th, 2012

Close-up of the UK pound noteThe 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.(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/pound-climbs-with-annual-gdp-growth/”>Pound Climbs with Annual GDP Growth (127 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Won Gains on Positive Data from Europe & USA

Saturday, February 25th, 2012

Korean won banknotesThe 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.(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/won-gains-on-positive-data-from-europe-usa/”>Won Gains on Positive Data from Europe & USA (75 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

US Dollar Softer on Risk Appetite

Saturday, February 25th, 2012

Many US hundred-dollar billsUS dollar is softer today as general risk appetite eliminates the need for safe haven currencies. Optimism about the future is high, and many forex traders are looking forward to improvements in the global economy.

(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/us-dollar-softer-on-risk-appetite/”>US Dollar Softer on Risk Appetite (147 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Rand Gains as German GDP Posts Annual Growth

Saturday, February 25th, 2012

100-rand notesThe 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.(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/rand-gains-as-german-gdp-posts-annual-growth/”>Rand Gains as German GDP Posts Annual Growth (77 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Euro Heads Above the 1.3400 Mark

Saturday, February 25th, 2012

Multiple euro banknotes and coinsEuro has moved above the 1.3400 mark today as forex traders look on the bright side of things. However, there are questions about whether the euro can find support at this level, considering the issues that still afflict the eurozone, and the global economy.

(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/euro-heads-above-the-1-3400-mark/”>Euro Heads Above the 1.3400 Mark (142 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Pound Climbs as Mortgage Approvals Reach Two-Year Record

Saturday, February 25th, 2012

A fan of Great Britain 10-pound notesThe 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.(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/pound-climbs-as-mortgage-approvals-reach-two-year-record/”>Pound Climbs as Mortgage Approvals Reach Two-Year Record (122 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Zloty Gains as Polish Retail Sales Grow with Increased Pace

Saturday, February 25th, 2012

Polish zloty notesThe 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.(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/24/zloty-gains-as-polish-retail-sales-grow-with-increased-pace/”>Zloty Gains as Polish Retail Sales Grow with Increased Pace (107 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

Economic Data Helps Loonie

Saturday, February 25th, 2012

Canadian 50- and 100-dollar billsCanadian dollar is benefiting from improved sentiment today. A general feeling of risk appetite has returned to the forex market, thanks to encouraging economic news out of the United States and Germany. Loonie is also finding some support against the <a href=”http://www.topforexnews.com/2012/02/23/us-dollar-lower-across-the-board/”>US dollar as a commodity currency, with oil prices on the rise.

(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/23/economic-data-helps-loonie/”>Economic Data Helps Loonie (131 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.

US Dollar Lower Across the Board

Saturday, February 25th, 2012

A sheet of new hundred-dollar billsUS 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 forex traders consider what could be positive economic data.

(…)
Read the rest of <a href=”http://www.topforexnews.com/2012/02/23/us-dollar-lower-across-the-board/”>US Dollar Lower Across the Board (146 words)

Posted on <a href=”http://www.topforexnews.com/”>forex News.