Ruble Drops with Oil, Bank Rossii Eases Control Over Currency
From Top Forex News, 4 months ago Similar articles
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Top 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...
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.
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.
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.
Pound to Euro, US Dollar exchange rate: The Pound remained largely unchanged against the Euro
From TorFX daily insight, 3 days ago, Similar articles
The Pound remained largely unchanged against the Euro Sterling / Euro and US Dollar exchange rates The Pound remained largely unchanged against the Euro yesterday, hovering around the 1.25 level for the majority of the day. The UK currency declined significantly versus the U.S Dollar, falling below 1.59, as risk sentiment weakened in line with escalating concerns surrounding Greece and the Euro-zone debt crisis as a whole. In the UK, the latest unemployment data was stronger-than-expected...
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