Posts published in October 2012

Euro Gets Boost on Improved Risk Appetite

Euro is getting a boost today on improved risk appetite. Even though the situation in the eurozone continues to be one of uncertainty and economic difficulty, the euro is gaining ground today. Once again,…

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Canadian Dollar Slips after Advancing Earlier

Canadian dollar is slipping right now, following an earlier advancement. Trading has been somewhat choppy for the loonie in recent days, and now the currency is back below parity with the US…

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Dollar Retreats as Risk Aversion Recedes

The US dollar fell today, following yesterday’s gains on risk aversion. Today, traders were a bit more courageous after Hurricane Sandy hit the United States and damage was assessed. Positive…

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Euro Moving through Resistance

Euro is moving higher today, muscling through resistance even though the news out of the eurozone continues to disappoint. After bouncing off lows below 1.2900, euro touched a session high…

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Won Reaches 13-Month Record

The South Korean won climbed today, reaching the highest level in 13 months, probably because exporters sold dollars to convert their earnings after exports advanced. The Forex market sentiment improved…

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