Foreign Exchange Rates Currency News ? The Pound declined against the U.S Dollar exchange rate
From TorFX daily insight, 5 months ago Similar articles
by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound declined against the U.S Dollar yesterday, falling back towards 1.55, while the UK currency resumed its upward momentum against the Dollar, as concerns surrounding the European debt crisis re-surfaced and improved demand for safe haven assets. In the UK, a report from Rightmove Plc showed that UK home sellers cut asking prices for a second consecutive month, adding to signs that the economy is losing momentum in the fourth...
TorFX daily insight
Bad Week for Loonie in Spite of Some Good News
From Top Forex News, yesterday, Similar articles
The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodity currencies.(...)Read the rest of Bad Week for Loonie in Spite of Some Good News (150 words) Posted on Forex News.
Chile's Central Bank Holds Main Interest Rate, Peso Advances
From Top Forex News, yesterday, Similar articles
The Chilean peso rose even after Chile’s central bank refrained from increasing interest rates. Good prospects for the nation’s economy and possibility of an interest rate hike in the future may be responsible for the currency’s gains.(...)Read the rest of Chile’s Central Bank Holds Main Interest Rate, Peso Advances (187 words) Posted on Forex News.
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...
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.
Risk Appetite, Better Situation Help UK Pound
From Top Forex News, 2 days ago, Similar articles
UK pound is being helped on two fronts today. General risk appetite, with the focus on the Facebook IPO, is helping the sterling against the US dollar. On the other hand, pound is higher against the euro, as concerns about what’s happening in the eurozone make the pound a preferred choice as a European safe haven currency. (...)Read the rest of Risk Appetite, Better Situation Help UK Pound (127 words) Posted...
US Dollar Lower as Risk Appetite Makes an Appearance
From Top Forex News, 2 days ago, Similar articles
US dollar is lower today as risk appetite makes an appearance in the markets. As commodity prices rise, and equities see a bit of a reprieve from recent troubles, the greenback is pulling back. Concerns about Europe remain, but they are being trumped by other news — especially the imminent Facebook IPO. (...)Read the rest of US Dollar Lower as Risk Appetite Makes an Appearance (137 words) Posted on Forex News.
Euro Crisis Explained
From TorFX daily insight, 2 days ago, Similar articles
If Greece leaves, the threat of contagion among the other southern Euro states could break the 17-nation bloc. The Eurozone debt crisis is an ongoing phenomenon that has threatened to tear apart the 17-nation currency bloc. Characterised by colossal debt piles, rocketing bond yields, anaemic economic growth, frayed investor confidence, dangerous trade deficits, unsustainable borrowing, nauseous unemployment, political upheaval and civil unrest the sovereign debt crisis has hit Europe like an...
Pound to Euro, US Dollar exchange rate: The Pound declined against the Euro, falling back towards 1.2450
From TorFX daily insight, 2 days ago, Similar articles
The Euro plunged to a fresh four-month low against the U.S Dollar, extending declines to a third straight week, amid concern that the sovereign debt crisis is worsening Sterling / Euro and US Dollar exchange rates The Pound declined against the Euro yesterday, falling back towards 1.2450, while the UK currency slumped towards a new low under 1.58 versus the U.S Dollar, as global risk appetite weakened on the threat of contagion in the Euro-zone. The single currency fell to a new four month...
Brazilian Real Rises, Stays Near 2 per Dollar
From Top Forex News, 3 days ago, Similar articles
The Brazilian real rose today, but stayed near the 2 per dollar level as the impact of the European crisis on currencies of emerging markets sapped strength of the Brazilian currency.(...)Read the rest of Brazilian Real Rises, Stays Near 2 per Dollar (69 words) Posted on Forex News.
Aussie Mixed in Choppy Trading
From Top Forex News, 3 days ago, Similar articles
Aussie is turning in a mixed performance today as choppy markets look for direction, and try to process all of the difficulties happening in the eurozone. On one hand, Aussie is lower against the US dollar as risk aversion makes an appearance. But, on the other, the Australia dollar is gaining against European currencies weighed down by difficulties. (...)Read the rest of Aussie Mixed in Choppy Trading...
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