Japanese Yen Leads the Majors in Thin Trading
From Top Forex News, 4 months ago Similar articles
Japanese yen is leading the
Top 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.
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...
Eurozone Bank Worries Send Euro Lower
From Top Forex News, 3 days ago, Similar articles
Eurozone bank worries are sending the euro lower today, along with rises to funding costs. Uncertainties about what’s next for Greece and for the eurozone remains, and that is weighing on the euro in Forex trading right now. (...)Read the rest of Eurozone Bank Worries Send Euro Lower (152 words) Posted on Forex News.
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.
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,...
Myopic EUR View Tops
From Market Pulse FX, 5 days ago, Similar articles
Investors should remember not to ignore the current economic data despite the market's obsession with events in Greece. We should be concerned with developments in the periphery countries, however, becoming stubbornly obsessed with negativity and EUR short positioning is sometimes not fruitful. These times that can end up being the most damaging to a portfolio. Being myopically obsessed can be expensive, right up there with lack of trading discipline. The current relevant US data is likely...
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.
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.
The Pound declined against the majors
From TorFX daily insight, 5 days ago, Similar articles
Pound to Euro, US Dollar Exchange Rate: The Pound declined against the majors The Pound declined against the majors yesterday, as the market reacted to the news that the UK economy contracted in the first quarter by 0.2% in the preliminary figures released yesterday morning. The -0.2% result has come as a major shock with the market anticipating modest growth of 0.1% following the recent good run of economic data on services and manufacturing. The sharp decline in construction has contributed...
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