Posts published in November 2012

US Dollar Loses Ground on Risk Appetite

A little bit of risk appetite is creeping back into the picture, and the US dollar is losing a little ground as a result. Greenback is headed a bit lower today, dropping as good news…

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Australian Dollar Gains, Ignoring Negative Factors

The Australian dollar gained today, extending yesterday’s rally, even though fundamental data from Australia and the general market sentiment were not supportive for the Australian currency. National Australia Bank reported…

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Euro Slips as Greece Problems Continue

Euro is slipping again, dropping as concerns about Greece continue to dominate headlines. Once again, European leaders are balking at what needs to be done about Greece, and that is…

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Japanese Yen Gains as Risk Aversion Returns

Japanese yen is heading higher again as sentiment shifts toward pessimism and Forex traders look for safe haven. Concerns about what’s next for the global economy, as well as the latest eurozone scare…

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Swiss Franc Gains vs. Euro, Drops vs. Dollar

The Swiss franc gained against the euro today, but fell versus the US dollar. The macroeconomic data from Europe was bad today, weakening the shared European currency versus the Swiss currency.…

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Euro Struggles Higher as Greece Weighs

Euro is struggling higher against the US dollar today, gaining ground after earlier losses. Greece is weighing on the 17-nation currency, limiting its gains and causing a certain amount of wariness.…

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AUD Posts Weekly Gains with Help from RBA & Employment

The surprising decision of the Reserve Bank of Australia to keep its interest rates high and positive employment data allowed the Australian dollar to gain this week. Not everything was favorable for the currency and it…

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