Posts published in October 2013

Ringgit Rises with Risk Appetite

The Malaysian ringgit rose today together with other currencies as the end to the US budget stalemate spurred risk appetite among Forex traders and boosted higher-yielding currencies. US President Barack Obama…

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Pound Rises with Retail Sales

The Great Britain pound rose today as September growth of retail sales was above forecasts, confirming that the UK economy is on the path to recovery. The currency also surged against the US dollar as default…

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