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U.S. Dollar Slips in Forex Trading
July 26, 2010[Story ID: 5533]
Greenback falls on concerns about economy
The U.S. dollar is slipping in forex trading on the currency market today, falling as forex traders consider the implications of economic data.
Indeed, there is an interesting dynamic on the currency market right, with the U.S. dollar lower against high beta currencies, as well as down against the [...] -
Aussie Looks for 0.9000 in Forex Trading
July 21, 2010[Story ID: 5380]
Currency trading with AUD/USD
The Australian dollar is looking to break through the 0.9000 level against the U.S. dollar in forex trading. Earlier today, the Aussie was the only currency able to gain against the greenback (although it has since moved lower).
However, even with minor setbacks in currency trading, AUD/USD shows promise. GFT’s Boris [...] -
U.K. Pound Rallies in Forex Trading
July 14, 2010[Story ID: 5144]
Sterling heads higher in currency trading
The U.K. pound is rallying today in forex trading on the currency market. An improving picture in the British economy is helping give the sterling a boost in currency trading.
Britain saw a lower claimant count than expected, indicating that the jobs situation could be improving. Indeed, employment for [...] -
U.S. Dollar Finds Support in Forex Trading
July 5, 2010[Story ID: 4831]
Slow day helps greenback in currency trading
The U.S. dollar is finding some support in forex trading on the currency market this morning, helped along by the fact that U.S. markets are closed and volume is low. This comes as the U.S. dollar moved a bit lower at the end of last week, due [...] -
U.S. Dollar Falters in Currency Trading
June 30, 2010[Story ID: 4688]
Dollar lower as euro gains in forex trading
The U.S. dollar is faltering in currency trading on the FX market today. The euro is gaining today as a little more optimism comes out.
However, there is a possibility that the U.S. dollar could gain the upper hand again soon, since concerns about the economy are [...] -
Euro Moves Higher in Forex Trading
June 18, 2010[Story ID: 4313]
Currency trading with the euro
The euro is moving higher in forex trading against the U.S. dollar today as some good news helps support the risk trade to some extent. Euro is benefiting from good news out of Germany, with German PPI higher than expected.
The euro is also being supported by stronger gold prices. [...] -
Euro Heads Lower in Forex Trading as Focus Returns to Spain
June 16, 2010[Story ID: 4221]
European debt issues arise again
The euro is heading lower in forex trading on the currency market as Spain is back in the spotlight. After adopting austerity measures, and inspiring some hope in world markets, Spain is again the subject of concern. There are worries that perhaps Spain (and maybe Portugal) may not be [...] -
Euro Will Continue to Dive: Currency Expert
June 1, 2010[Story ID: 4065]
The euro fell sharply against the U.S. dollar Friday after Fitch downgraded Spain’s credit rating. Which way will it go next? Boris Schlossberg, director of currency research at GFT Forex, discussed his outlook. -
Euro Falls Back in Forex Trading After Rally
May 28, 2010[Story ID: 3947]
Currency trading with EUR/USD
Earlier in trading, the euro posted gains in forex trading. Risk appetite picked up a bit, sending the euro up to 1.24 against the U.S. dollar on relief about events in Europe.
However, uncertainty is returning to the financial markets, and the euro has slipped back below the 1.24 level, and [...]