Exchange Rate News Currencies Mixed Friday night’s international session saw mixed results for higher-risk and safety currencies. US markets ended mostly lower on Friday, as traders continued to fret over the pace of the US economic recovery followings Thursday’s weak data. The euro exchange rate lost ground, shedding more than half a percent against the [...]
Forex News Risk Currencies in Demand
August 19, 2010 By Leave a Comment
Forex News 18 August 2010 Commodity prices increased overnight for the first time in three days, lending favour to higher-risk currencies. The euro finished the session up (albeit less than a percent apiece) against the safety currencies – the yen and the US dollar. Though the pound exchange rate slipped overnight, the Australian dollar [...]
Exchange Rate News
August 12, 2010 By Leave a Comment
Exchange Rate News, Growth concerns weigh on risk currencies 11 August 2010 The yen was in demand as a safety currency overnight after the Federal Reserve hinted at a slow US recovery, and ahead of reports showing sluggish UK consumer confidence. The euro and pound exchange rate fell to just below 1% against the yen [...]
FX Update Currencies Mixed
August 10, 2010 By Leave a Comment
The last international trading session for the week saw mixed results from higher-risk and safety currencies, as US markets dipped slightly on the disappointing non-farm payrolls data. The US dollar continued to be weaker than its rival, the yen, though a few higher-risk currencies gained on hopes of a global economic turnaround. The euro exchange [...]
Forex News Risk Currencies Wane
August 5, 2010 By Leave a Comment
Forex News 4 August 2010 Riskier currencies took a dive overnight after a string of weak US economic data renewed fears about the health of the world’s largest economy. The pound and the euro were slightly weaker against the yen, but stronger against the US dollar. The Australian dollar lost ground against both safety currencies [...]
Currencies Update Seeking Refuge
August 3, 2010 By Leave a Comment
Currencies Update: Seeking refuge 2 August 2010 Friday night’s international session saw a bigger-than-expected slowdown in US 2Q economic growth, which sent global stocks lower and drove up the value of the yen against the US dollar. The higher-risk currency, the euro, fell against the US dollar and the yen, considered to be “safety currencies”. [...]
FX News Stress Test Results Favour Riskier Currencies
July 27, 2010 By Leave a Comment
FX News – Stress test results favour riskier currencies 26 July 2010 Friday night’s international currency session saw favour for higher-risk currencies, as the market largely anticipated a satisfactory result from the European banks stress tests. The euro gained more than half a percent against the yen, but managed only a small gain against the [...]
FX Wrap Safety Currencies not in Style
July 15, 2010 By Leave a Comment
FX Wrap – Safety Currencies not in Style 14 July 2010 The safety currencies saw reduced demand overnight on signs of profit growth in the US, with risk currencies once again in hot demand. In further good news, Singapore’s economy expanded significantly in the second quarter, adding to signs that Asian growth won’t be impacted [...]
Forex News Exchange Rate Updates
July 13, 2010 By Leave a Comment
Forex News – A Mixed Bag 12 July 2010 Friday’s overnight currency session was a mixed bag, with some higher-risk currencies climbing, and others falling on mixed sentiment. The euro and pound exchange rate slipped on renewed fears that debt contagion will spread throughout the euro-zone. However, the Australian dollar gained 0.3% to 77.78 yen [...]
Forex Wrap Australian Dollar Strengthens
July 8, 2010 By Leave a Comment
Forex Wrap – Australian Dollar Strengthens 7 July 2010 Higher risk currencies saw some strength overnight, with speculation the Federal Reserve will keep US interest rates near zero weighing on the greenback. Although the RBA left interest rates on hold yesterday, the Australian dollar gained 1.3% to 74.63 yen, and strengthened 1.6% to 85.27 [...]