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Forex related news from all over the world. Latest business and political news, global events and financial decisions that shift the currency rates on Forex. Read Forex news about monetary policy decisions by world central banks along with comments by financial analysts.
The Language of Currencies

The Language of Currencies

From PipStory: A Forex Trading Guide, 2 days ago, Similar articles

It is nothing new that trading in the form of money is not an easy term to understand. To explain it in the simplest of terms, trading money or rather buying currencies is similar to buying stocks or shares of a company. The value of the stock bought determines the value of the currency and the health of that country's economy. A Simple Example Suppose you buy a stock in the Japanese market, rather you buy some yens by trading your own currency. By buying a particular amount of yen, you are...

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Euro Drops to 4-Month Low, Closes Above Opening Level

Euro Drops to 4-Month Low, Closes Above Opening Level

From Top Forex News, 2 days ago, Similar articles

The euro reached the lowest level in four months against the US dollar and the lowest in three months versus the Japanese yen today on fears that the European crisis is escalating. The currency was higher on the day though.(...)Read the rest of Euro Drops to 4-Month Low, Closes Above Opening Level (137 words) Posted on Forex News.

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A Greek exit would have huge implications for the Eurozone

A Greek exit would have huge implications for the Eurozone

From TorFX daily insight, 3 days ago, Similar articles

Over the past week ?700 million has been withdrawn from Greek banks as many investors are looking to transfer funds out of Greece Political leaders in Greece have failed to form a coalition government signalling fresh elections next month. Just over a week ago an inconclusive general election saw voters reject the established political parties in favour of anti-austerity movements on both sides of the political spectrum. Exit polls suggest that the leftwing SYRIZA party led by Alexis Tsipras,...

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Pound Falls as UK Economy Threatened by Europe's Crisis

Pound Falls as UK Economy Threatened by Europe's Crisis

From Top Forex News, 4 days ago, Similar articles

The Great Britain pound slumped today after the Bank of England trimmed its growth forecast as the crisis in Europe escalates. Positive employment data did not manage to help the weakening currency.(...)Read the rest of Pound Falls as UK Economy Threatened by Europe’s Crisis (166 words) Posted on Forex News.

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Yen Falls vs. Majors as Traders Anticipates Intervention from BoJ

Yen Falls vs. Majors as Traders Anticipates Intervention from BoJ

From Top Forex News, 4 days ago, Similar articles

The Japanese yen fell against other major currencies today on speculation that the Bank of Japan will continue its efforts to weaken the currency. Even fears of the European debt crisis were not been able to help Japan’s currency.(...)Read the rest of Yen Falls vs. Majors as Traders Anticipates Intervention from BoJ (94 words) Posted on Forex News.

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Chinese Yuan Falls as Greece Damps Demand for Riskier Assets

Chinese Yuan Falls as Greece Damps Demand for Riskier Assets

From Top Forex News, 4 days ago, Similar articles

The Chinese yuan weakened a little today as the crisis in Europe reduced attractiveness of emerging markets’ assets and as China’s central bank lowered reference rate.(...)Read the rest of Chinese Yuan Falls as Greece Damps Demand for Riskier Assets (56 words) Posted on Forex News.

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Pound to Euro, US Dollar exchange rate: Sterling is currently holding above 1.2500 on interbank against the Euro

Pound to Euro, US Dollar exchange rate: Sterling is currently holding above 1.2500 on interbank against the Euro

From TorFX daily insight, 4 days ago, Similar articles

The US Dollar and Japanese Yen pushed significantly higher overnight as equity markets witnessed a major sell off, boosting demand for the go-to safe haven currencies. Sterling / Euro and US Dollar exchange rates Sterling is currently holding above 1.2500 on interbank against the Euro, however has deteriorated rapidly against the US Dollar during trading this morning, reaching a low of 1.5889. GDP data released yesterday morning, which confirmed that economic growth in Germany accelerated,...

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Greece Has Mixed Impact on Canada's Currency

Greece Has Mixed Impact on Canada's Currency

From Top Forex News, 5 days ago, Similar articles

The Canadian dollar advanced today against the euro as the political turmoil in Greece made traders flee from the shared European currency. The loonie also rose a little versus the Japanese yen, but fell against the US dollar.(...)Read the rest of Greece Has Mixed Impact on Canada’s Currency (138 words) Posted on Forex News.

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Australian Dollar Retreats as Fears of European Crisis Grip FX Market

Australian Dollar Retreats as Fears of European Crisis Grip FX Market

From Top Forex News, 5 days ago, Similar articles

The Australian dollar gained today on speculation that its previous losses were excessive. The currency trimmed gains versus the Japanese yen and fell against the US dollar as fears of the European crisis returned to Forex traders.(...)Read the rest of Australian Dollar Retreats as Fears of European Crisis Grip FX Market (164 words) Posted on Forex News.

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NZ Dollar Erases Year's Gains vs. US Dollar, Falls vs. Euro

NZ Dollar Erases Year's Gains vs. US Dollar, Falls vs. Euro

From Top Forex News, 5 days ago, Similar articles

The New Zealand headed to the lowest level this year against the euro as Germany’s economic growth boosted the shared 17-nation currency. The kiwi erased this year’s gains against the US dollar.(...)Read the rest of NZ Dollar Erases Year’s Gains vs. US Dollar, Falls vs. Euro (103 words) Posted on Forex News.

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EXCHANGE RATES

1 GBP = 1.221 EUR
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
1.581 CAD - Canadian Dollar
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.469 CHF - Swiss Franc
1.542 AUD - Australian Dollar
12.521 ZAR - South African Rand
2.012 SGD - Singapore Dollar

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