US markets ended mostly higher on Friday night, with tech-stocks surging on Google’s strong third quarter results. Higher risk currencies all fell against the yen and the greenback. The Kiwi lost around half a percent against each, whilst the euro declined 0.8% against both. However, the pound’s declines were minor. The Australian dollar finished the [...]
Australian Dollar FX News
October 12, 2010 By Leave a Comment
Friday’s international session saw gains for Wall Street and losses for the US dollar, after a weak US jobs report fuelled expectations the Fed will introduce further monetary stimulus. However, higher-risk currencies came out mixed, as traders awaited the outcome of the weekend’s global meeting on recent currency tensions. The Australian dollar finished the session [...]
Currency Exchange News
October 7, 2010 By Leave a Comment
A surge on Wall Street overnight bolstered higher-risk currencies, as gold and oil also made impressive gains. The Australian dollar tumbled immediately following yesterday’s RBA rate decision, but recovered well to finish the session up 0.2% to 80.87 yen, and 0.4% higher to 97.18 US cents. The euro, pound and Kiwi all made gains against [...]
International Currency News
September 28, 2010 By Leave a Comment
The last international currency session for last week saw continued strength for higher-risk currencies, following better-than-expected durable goods data in the US. The Australian dollar finished Friday’s overnight session up 0.9% to 80.76 yen, and continued its impressive run against the greenback, closing up 1.1% to 95.90 US cents. The euro and pound gained around [...]
Forex News Risk Currencies Gain
September 23, 2010 By Leave a Comment
Higher-risk currencies gained, and the greenback tumbled, overnight, as the Fed hinted at further stimulus designed to spur the US economy. Looking at the major exchange rates, the euro gained just under a percent against the yen, and was 1.6% higher versus the greenback. The pound and Kiwi slipped a tad against the yen, though [...]
Forex Update Aussie Dollar Flies Yen Pressure Mounts
September 16, 2010 By Leave a Comment
Forex Update – Aussie dollar flies, Yen pressure mounts 15 September 2010 The overnight international session was a lacklustre one for the US and UK markets, though higher-risk currencies managed some gains against the greenback. The euro exchange rate was stronger against the yen and the US dollar, whilst the pound, Kiwi and the Aussie [...]
Foreign Exchange News Euro Tanks
September 9, 2010 By Leave a Comment
Foreign Exchange News 8 September 2010 Overnight, higher-risk currencies took a dive alongside US and European stocks. Renewed fears about the health of the European financial system helped drive down the euro almost 2% against the yen and the greenback. The pound and Kiwi exchange rate also fell against the latter two currencies, albeit [...]
FX Trading News Australian Dollar
September 7, 2010 By Leave a Comment
The higher-risk currencies’ recent trend of strength continued on Friday night, with sentiment surging on better-than-expected US non-farm payrolls data. The encouraging jobs data helped the pound, Kiwi and Aussie gain, with the Australian dollar finishing the session up 0.7% to 77.27 yen and up 0.6% to 91.66 US cents. The euro exchange rate gained [...]
FX Trading News Yen Continues to Soar
September 2, 2010 By Leave a Comment
FXTrading News – Yen continues to soar 1 September 2010 Wall Street finished overnight flat, following a volatile session that featured positive consumer confidence and housing data, which was countered by a sombre FOMC statement. The euro exchange rate gained slightly against the greenback but slumped against the yen, which continued its trend [...]
Forex Trading Risk Currencies In Demand
August 31, 2010 By Leave a Comment
FX Trading Update Higher-risk currencies had a chance to shine in Friday’s international session after Fed Chairman Ben Bernanke pledged to take action, if necessary, to safeguard the US economy. The euro and pound exchange rate gained around 1% against the yen and increased slightly against the US dollar. The Australian dollar finished the session [...]