The Pound pushed sharply higher against the U.S Dollar yesterday
From TorFX daily insight, 5 months ago Similar articles
by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound pushed sharply higher against the U.S Dollar yesterday with a peak around 1.57, as the U.S currency lost ground on the revival in risk appetite, which increased demand for the higher-yielding assets. The latest consumer confidence reading remained close to the record lows with a December reading of -33. Confidence fell this month to the lowest level since the depths of the 2009 recession, as pessimism about the UK economy...
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.
EURs to be Recycled
From Market Pulse FX, 2 days ago, Similar articles
The third largest IPO in corporate history, the largest in tech, is about to make a few specs very wealthy today. Frantic Facebook Friday's enthusiasm does not seem to be spilling over to disrupt the dour mood of FX. The 50% of Americans who believe that Facebook is a fad, will not be allowed to gatecrash today's party. The EUR bull thought they caught a break with yesterday's dismal US data potentially opening the Q3 flood gates. That euphoric feeling has been short lived, flames finally...
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.
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...
NZ Dollar Near This Year's Low
From Top Forex News, 3 days ago, Similar articles
The New Zealand dollar erased its earlier gains today as the potential Greece’s exit from the eurozone continued to spoil mood of Forex market participants. The currency traded near the lowest level this year.(...)Read the rest of NZ Dollar Near This Year’s Low (92 words) Posted on Forex News.
Loonie Weakens as Europe Hits Commodity Prices
From Top Forex News, 3 days ago, Similar articles
The Canadian dollar yesterday as the crisis in Europe escalates, damping demand for commodities and commodity-dependent currencies. The loonie trimmed its losses today on good fundamentals in Canada and the United States.(...)Read the rest of Loonie Weakens as Europe Hits Commodity Prices (170 words) Posted on Forex News.
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