As markets continue to wait the outcome of the Greek debt restructuring talks, attention yesterday turned to the US FOMC meeting. The euro had lost a little ground in yesterday morning’s trading as concerns that the ECB would have to take losses on its Greek bond holdings outweighed a stronger than expected German Ifo index. [...]
Greenback lower in forex trading Risk appetite is keeping the US dollar lower in currency trading today. Even though there has been some lackluster data, and even though there are still fundamental issues plaguing the eurozone, the dollar is nevertheless struggling in forex trading. Gold prices are rising again, heading back toward the $ 1,600 [...]
Greenback lower in forex trading The dollar is down in currency trading on the FX market as risk appetite improves today. Even though the OECD believes that the eurozone is in a mild recession, the euro is surging in forex trading. Indeed, many forex traders are optimistic about the future — at least for now [...]
FXstreet.com (California) – EUR/USD opened the Asian session lower after a weekend summit produced… For more information, read our latest forex news. FXstreet.com: Latest News
Greenback lower in currency trading on news out of Europe The U.S. dollar is down in forex trading today as risk appetite is making an improvement. Greenback is lower in currency trading as forex traders find a little optimism related to the rumors that an agreement has been reached in the European sovereign debt crisis. [...]
After reaching highs of $ 1.3833 versus the dollar yesterday, the euro dipped in early morning trade but remains well supported by the current wave of positive sentiment towards riskier assets. Despite its early morning consolidation, further gains could be seen near term, with the overnight news of a better than expected Australian jobs report [...]
After reaching highs of $ 1.3833 versus the dollar yesterday, the euro dipped in early morning trade but remains well supported by the current wave of positive sentiment towards riskier assets. Despite its early morning consolidation, further gains could be seen near term, with the overnight news of a better than expected Australian jobs report [...]
Risk appetite got a boost going into the weekend following the release of a better than expected US non-farm payrolls report. The data helped ease fears of a renewed recession in the world’s largest economy, though the news of Fitch’s downgrade of Italy and Spain did put something of a damper on things. Nonetheless, markets [...]
Greenback down in currency trading The U.S. dollar is lower in forex trading on the currency market today as risk appetite makes an appearance. A little bit of optimism is in the markets today, as U.S. stocks open higher, following a global equity rally. Forex traders are looking forward to Barack Obama’s jobs proposal, and [...]
FXstreet.com (Córdoba) – The Dollar and the Yen accelerated the downside across the board in the… For more information, read our latest forex news. FXstreet.com: Latest News
RISK APPETITE SUBDUED AS FOCUS REMAINS ON JAPAN Euro sentiment was hit overnight on the back of the news from Moody’s that it is downgrading Portugal’s long term government bond ratings, with the USD/EUR rate failing once again to make a sustained break through the $ 1.40 level. However, the sell-off was not extreme with [...]
Greenback lower in currency trading U.S. dollar is lower in forex trading on the currency market today as risk appetite shows some improvement. News that bond auctions in Europe went reasonably well, and news that U.S. housing data for August wasn’t so bad, is helping risk appetite. Greenback is lower in currency trading against the [...]
Aussie leads the way higher in currency trading Risk appetite is making a return to the forex market today as the Australian dollar leads risk currencies higher in trading. The Asian session saw an explosion of risk, while things grew a little more subdued during the European session. However, risk appetite remains healthy, in part [...]
Kathy Lien, director of currency research at GFT Forex, on why risk appetite is not dominating the flows in the market.