Forex News


Pound Jumps to Highest Price in More Than a Year Against Euro

January 5, 2012 06:09 AM | 0 Comments
The Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar. Read more

Canada’s Dollar Suffers from Risk Aversion

January 5, 2012 06:04 AM | 0 Comments
The Canadian dollar fell yesterday and continued its decline today against the US currency and the Japanese yen as optimism evaporated from the Forex market. Canada’s currency jumped versus the euro. Read more

GBP/JPY Falls as HPI Drops

December 30, 2011 11:44 AM | 0 Comments
The Great Britain pound fell today against the Japanese yen to the lowest level in a month as UK house prices declined in December, reinforcing fears of the economic crisis in Britain. The currency rose slightly versus the US dollar. Read more

Japanese Yen Lower as Cautious Optimism Makes Appearance

December 23, 2011 07:27 AM | 0 Comments
Japanese yen is lower today, heading lower as cautious optimism makes an appearance on the Forex market. Economic data in the United States came in better than expected, and that means the yen is not being used as a safe haven. Read more

Loonie Rallies as US Economy Shows Signs of Recovery

December 23, 2011 07:26 AM | 0 Comments
The Canadian dollar advanced for the third day against the US currency and for the fourth straight session versus the euro and the Japanese yen as the signs of the economic recovery in the United States eased the pessimism caused by the problems in Europe. Read more

Pound Falls with Mortgage Approvals

December 23, 2011 07:20 AM | 0 Comments
The Great Britain pound fell against the Japanese yen and erased its gains versus the US dollar today after the report showed that the banks approved less home loans in November than in the month before. Read more

Bank Rossii Lowers Main Interest Rate as Inflation Slows

August 25, 2011 01:57 PM | 0 Comments
The Bank Rossii (Russia’s central bank) unexpectedly lowered its main interest rate today on the concerns that the inflation decelerates. The Russian ruble is still up against the US dollar despite the news. Read more
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