Posts published in March 2012

AUD Falls on Stevens’ Comments

The Australian dollar fell today after Glenn Stevens, Governor of the Reserve Bank of Australia, talked about an economic slowdown in different parts of the world and difficulties the Australian economy may face. Stevens mentioned…

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Euro Turns Lower in Forex Trading

Euro is turning lower today, after some gains earlier. Now, though, the 17-nation currency is falling back as Forex traders try to determine what might be next. Talks…

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Canadian Dollar Choppy Against the US Dollar

Canadian dollar is trading choppily today, moving between gains and losses as investors look for direction. US stock futures are lower, and that is weighing on high beta currencies, but…

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Yen Rebounds After Decline

The Japanese yen rebounded today as economists speculated that the currency fell too much to fast. The currency may also rise as investors remained a little cautious about the global growth, but fundamentals…

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AUD/JPY Reaches 10-Month High

The Australian dollar advanced against the Japanese yen, reaching the highest price in 10 months, and its US peer on positive sentiment among Forex traders. The currency fell a little versus the euro. The Forex…

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EUR/USD Goosed Higher On General Optimism

Euro got a quick 60-pip boost today following the release of CPI data from the United States. Additionally, there are talks that the ESM fund might allow for 700 billion euros…

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NZ Dollar Gains with Global Stocks

The New Zealand dollar gained for the second day today as global stocks rallied and optimism about the economy of the United States spurred risk appetite among investors. The MSCI World Index of stocks was…

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Norwegian Krone Rises, Defies Olsen

The Norwegian krone fell today after central bank’s Governor Oeystein Olsen said that investors will shun riskier currencies, but the krone rebounded and currently trades above the opening rate.…

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