Posts published in November 2013

Euro Makes Progress on Risk Appetite

Euro is heading higher today, making progress as risk appetite improves. With traders looking for higher yields, the euro is getting a little help, even after the recent rate cut…

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Indian Rupee Higher on Fed Stimulus & RBI Policy

The Indian rupee rose today on hopes that the US Federal Reserve stimulus will maintain capital inflows into the Asian country and on expectations of an interest rate hike from the Indian central bank.…

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Australian Dollar Rises as China Plans Reforms

The Australian dollar rose today as signs of economic reforms in China, the biggest trading partner of Australia, improved the risk sentiment of Forex traders and prospects for nation’s exports. Last week, the Chinese Communist Party…

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