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Dollar slips against leading currencies

posted by Avatar domyouji 292 days ago in CHF made popular 292 days ago

Most Asian equities traded lower and gold is more than 2 per cent higher, breaking the $1700-level at noon in Asia. In currencies the dollar has regained some lost ground since the open. "The CHF has been the major beneficiary of today's moves so far; ... read more
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GBP/USD pares gains as risk aversion weighs

posted by Avatar domyouji 293 days ago in USD made popular 293 days ago

Forexpros The pound pared gains against the US dollar on Monday, pulling back from a one-week high as risk aversion sharpened after Standard & Poor's downgraded the US debt rating, fuelling fears over the outlook for the world's largest economy. ... read more
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Euro Weighed By Balanced ECB, US Dollar Rallies Ahead Of NFP

posted by Avatar domyouji 296 days ago in EUR made popular 296 days ago

... softening growth certainly dampens the outlook for inflation, and we may see Mr. Trichet continue to soften its hawkish tone for monetary policy as the EU struggles to contain the sovereign debt crisis. However, as the EUR/USD appears to be holding ... read more
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Futures and Forex Gold and Silver Prices Rise and Crude Oil Drops Dollar ...

posted by Avatar domyouji 296 days ago in GBP, Commodities made popular 296 days ago

US currency fell 0.10 percent vs the euro and 0.18 percent vs the British pound sterling (GBP). See the average rate chart below. The dollar became more attractive later in the day (see intraday chart below). The greenback continued to explode versus ... read more
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ECB eyed for signs of growing rate hike caution

posted by Avatar domyouji 299 days ago in EUR

The bank, which sets interest rates for the 17 countries that use the euro, is almost certain to keep them on hold this month after raising them to 1.5 percent in July. While August is usually the bank's quietest meeting of the year, ... read more
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Aussie dips as building approvals unexpectedly decline

posted by Avatar domyouji 299 days ago in AUD

The Australian dollar, nicknamed Aussie, declined against the American dollar after the Australian economy reported that the building approvals unexpectedly declined in June for a third month in a row, damping the demand on Australian dollar. ... read more
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NZD/USD down in Asian trade

posted by Avatar domyouji 299 days ago in NZD made popular 299 days ago

Meanwhile, the New Zealand Dollar was down against the Australian Dollar and the Euro, with AUD/NZD gaining 0.11% to hit 1.2530 and EUR/NZD rising 0.12% to hit 1.6277. Forexpros - Forex Pros offers a diverse set of professional tools for Forex, ... read more
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US deal seems set to be done

posted by Avatar domyouji 299 days ago in USD, EUR made popular 299 days ago

However, there are fears that the Canadian economy isn't quite as rosy as many had hoped so there may still be gusto in this sharp rise on the GBP-CAD exchange rate after all. The Euro really is stuck between a rock and a hard place, it has been one of ... read more
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NZ dollar hits another high

posted by Avatar domyouji 300 days ago in NZD made popular 300 days ago

The United States first quarter GDP was revised down from 1.9% to only 0.4%. The ANZ's daily currency briefing described the weekend as "a one-way move" and says there could be more to come. "The NZD may well be the fuse that lights the way for ... read more
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USD/JPY climbs back above 78.00

posted by Avatar domyouji 304 days ago in USD

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ... read more
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Turkish stock market extends earnings to 3rd day, euro, dollar down

posted by Avatar domyouji 304 days ago in CAD made popular 304 days ago

Investors' hopes for the Turkish economy's strength in dealing with possible external shocks and its current account deficit (CAD) were reinvigorated following encouraging words by Prime Minister Recep Tayyip Erdoan on Wednesday when he said that ... read more
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EUR/USD extends losses as fresh EZ debt fears weigh

posted by Avatar domyouji 304 days ago in EUR

EUR/USD hit 1.4456 during European early afternoon trade, the daily low; the pair subsequently consolidated at 1.4472, shedding 0.25%. The pair was likely to find support at 1.4356, Tuesday's low and resistance at 1.4577, a three-week high. ... read more