[Story ID: 5424]
Sterling, euro in forex trading
The euro and the pound are both gaining in currency trading against the U.S. dollar today. Risk currencies are seeing some positive action, now that euro zone economic data is surprising to the upside. The new focus in Europe and Britain is on positive data, with sovereign debt concerns [...]
[Story ID: 5337]
China helps Aussie and kiwi in currency trading
Down under currencies are outperforming in forex trading today as optimism about China helps matters. Indeed, there is an assumption that China will eventually ease its money policies, and that growth will pick up again. Australia and New Zealand have strong trade ties to China, and [...]
[Story ID: 5138]
FXstreet.com (Córdoba) ‘
[Story ID: 1739]
It sounds like the beginning to a bad joke, right? But seriously, why is the Canadian Dollar (aka Loonie) beating the Australian Dollar (AUD) when the two currencies are placed head-to-head?
The currency markets tend to be very Dollar-Centric, in that they tend to view most currencies relative to the US Dollar (and to [...]
[Story ID: 1293]
Since most emerging market economies and financial markets are fairly small, their currencies are subject to the whims of international investors, moreso than is the case with major currencies. For that reason, when I research emerging market currencies as a whole, I often like to focus on what investors are saying are saying [...]
[Story ID: 632]
Currency trading on the FX market
Even though U.S. markets are closed for the day, there are still things happening in forex trading. Indeed, the FX market is a global market, so there is plenty going on — albeit in a subdued manner.
This morning, risk currencies seem to be doing well. The news that [...]
[Story ID: 130]
In October, I wrote about a “separation” that had taken place in currency markets between the “sick” currencies and the “healthy” currencies. At the time, I argued that the former category was comprised mainly of the Dollar and the Pound, with most other currencies healthy by comparison. While I still stand by this [...]
[Story ID: 63]
As a result of the credit crisis (as well as the global economic boom that preceded it), a handful of lesser-known currencies suddenly achieved prominence.