Posts published in July 2012

Forint Suffers from Bad German Data

The Hungarian forint fell today as negative macroeconomic data from Germany scared investors and made them reluctant to buy risky assets. German retail sales fell 0.1 percent in June, frustrating…

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US Dollar Mixed in Forex Trading Today

US dollar is mixed in Forex trading today, a product of the unsettled and interesting events taking place right now. There is a bit of risk appetite on the Forex market, and that is weighing…

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Aussie Gains on Better-Than-Expected Housing Report

The Australian dollar rose today after the release of the housing report that was better than expected by market participants. The positive data reduce the probability of an interest rate cut. Building approvals fell…

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Ruble Falls as Optimism Retreats from FX Market

The Russian ruble fell today, erasing its earlier gains, as Forex traders felt themselves less optimistic and were reluctant to buy risky assets. Today’s trading session has started on a positive…

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Swedish Krona Rides Higher on Good GDP Growth

The Swedish krona climbed today as Sweden’s economy demonstrated solid growth in the past quarter, adding to the appeal of the currency. Swedish gross domestic product (seasonally adjusted) expanded by 1.4 percent in the second quarter…

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