Euro and other currencies gain on the FX market Risk currencies are getting a boost in forex trading today, heading higher as better news improves matters. China’s economic data proved better than expected. The German ZEW gained a great deal more than many thought it would, and recent European bond auctions have been successful. All [...]
US dollar in forex trading Greenback is lower against commodity currencies today as oil prices pare losses, and as gold prices surge higher. While gold prices still remain below $ 1,600 an ounce, they are nevertheless on the rise, and ready to rally. The news has commodity currencies like the Australian dollar heading higher. Indeed, [...]
FXstreet.com (Córdoba) – Greenback jumped in the market in the last hours and accelerated the… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Córdoba) – The Aussie, the Kiwi and the Loonie ended the week with gains against the… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Córdoba) – Higher-yielding risk-sensitive currencies like the AUD, the CAD and the… For more information, read our latest forex news. FXstreet.com: Latest News
Risk aversion on the currency market U.S. dollar is heading higher in forex trading as risk aversion sets in. Indeed, forex traders are looking for safe haven right now, and the U.S. dollar looks a likely candidate, especially since the Bank of Japan just announced its intervention to keep the yen weak. In that case, [...]
FXstreet.com (Córdoba) – Greenback posted important gains versus commodity currencies supported by… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Córdoba) – High-yield currencies moved considerably during the American session, as… For more information, read our latest forex news. FXstreet.com: Latest News
U.K. pound drops in currency trading The U.K. pound is dropping in currency trading on the FX market today, thanks in large part to the fact that the economy is once again showing signs of slowing. Problems with inflation, even while economic growth remains sluggish, continue to provide a quandary for MPC members at the [...]
U.S. dollar sinks on debt ceiling differences Commodity currencies are trading near highs against the U.S. dollar today as concerns about what’s next for the U.S. debt ceiling dominate financial markets. Indeed, the Aussie, loonie and kiwi are all trading high against the U.S. dollar as investors turn to gold, oil and other commodities that [...]
FXstreet.com (Córdoba) – The Dollar finished the week sharply lower against commodity currencies… For more information, read our latest forex news. FXstreet.com: Latest News
According to conventional market wisdom, there are three safe haven currencies: the Swiss Franc, Japanese Yen, and US Dollar. It is to these currencies that investors flock whenever there is a crisis, or merely an outbreak of uncertainty, and for much of the period following the collapse of Lehman Brothers, the three were closely correlated. [...]
While I have written quite about forex correlations in recent posts, the focus has primarily been on correlations that exist between currencies. In this post, I would like to address a correlation that exists between currencies and other forex markets- specifically the relationship between the Euro and US stocks. If you look at the chart [...]
In my previous update on emerging market currencies, I wrote that in the short-term, it’s important not to lump them all together; high-yielding currencies must be distinguished from low-yielding ones. In this post, I’m going to backpedal a bit and argue that over the medium-term and long-term, emerging market currencies as an asset class are [...]
FXstreet.com (Córdoba) – The Japanese currency is losing ground on Tuesday and has erased… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Córdoba) – Market’s mood has flipped to risk-off again at mid American session, with… For more information, read our latest forex news. FXstreet.com: Latest News
Forex trading impacted by central bank decisions Central banks have been playing a bigger role in the currency markets over the past two years than ever before. The role of centrals banks is far beyond setting interest rate policy these days. Thanks to the financial crisis of 2008, we have witnessed an increasing role for [...]
U.S. dollar gains in currency trading Safe haven currencies are in demand right now, thanks to a cut in the debt outlook for the U.S. Standard & Poor’s has cut the U.S. sovereign debt outlook to negative from stable, and that has many investors concerned. As a result, safe havens like gold are rising. (Gold [...]
U.K. pound, along with other high beta currencies, lower on FX market The sterling is retreating in forex trading on the currency market as risk appetite takes a break, and as concerns about the U.S. economic situation become more apparent. At the end of last week, many currencies were gaining against the U.S. dollar. The [...]