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More Intervention from the Swiss National Bank in Forex Trading
March 10, 2010[Story ID: 1420]
Currency trading with the Swiss franc
The Swiss National Bank appears to be intervening — albeit it on a very small level — in forex trading again. The SNB has been intervening on occasion since last year, when it announced a policy meant to keep the franc lower against the euro in forex trading.
MarketWatch [...] -
Upside for Yen?
March 10, 2010[Story ID: 1422]
It’s repatriation month for the yen, but that doesn’t necessarily mean a robust rise for the currency. Kathy Lien, director of currency at GFT Forex and guest host Don Williams, CIO at Platypus Asset Mgmt, discuss the issue further with CNBC’s Amanda Drur -
Sterling Continues its Downward Spiral in Currency Trading
March 9, 2010[Story ID: 1377]
U.K. pound can’t remain above 1.50 in forex trading
The sterling is continuing its downward spiral in currency trading, after a gallant attempt at gains. However, the British currency just can’t seem to keep above the 1.50 level at this point. -
Euro Drops in Forex Trading Against the U.S. Dollar
March 5, 2010[Story ID: 1272]
Euro struggles in currency trading
The euro is struggling in forex trading as events continue to keep the 16-nation currency weak. Indeed, the euro is down in currency trading on the FX market while the pound actually makes headway against the U.S. dollar — something that hasn’t happened for quite some time.
Euro is struggling [...] -
More Upside to Aussie-Pound, Aussie-Euro
March 2, 2010[Story ID: 1141]
The Aussie provides upside potential and the big moves will come from the Aussie-sterling and Aussie-euro pairs, says Kathy Lien, director of currency research at GFT Forex. -
U.K. Pound Plunges in Forex Trading
March 1, 2010[Story ID: 1096]
Sterling sinks through 1.5000 in currency trading
The U.K. pound has plunged against the U.S. dollar in forex trading on the currency market. The sterling has sunk through the 1.5000 level in currency trading, heading to lows not seen for years. Indeed, the U.S. dollar is showing unprecedented strength, especially considering the fact that [...] -
Euro Heads Higher in Forex Trading
February 24, 2010[Story ID: 954]
Currency trading with the euro
The euro is heading higher in forex trading on the currency market today, due mostly to U.S. dollar weakness.
With the Greeks on strike against austerity measures suggested by the Greek government and European Union policymakers as a way to bring the financial issues in Athens under control, it seems [...] -
Yen Moves Higher in Forex Trading
February 23, 2010[Story ID: 911]
Currency trading with the Japanese yen
The yen is moving higher in forex trading on the currency market today, gaining against all major currencies. Indeed, even though the U.S. dollar is making solid gains in currency trading, it is still falling to the yen.
With risk aversion the name of the game today, it is [...] -
U.S. Dollar Heads Higher in Currency Trading
February 23, 2010[Story ID: 912]
Forex trading on the currency market
The U.S. dollar is heading higher in currency trading on the FX market today. Risk appetite is fading right now as global equities retreat, and economic data from around the world causes a reduction in global economic confidence.
Even after last week’s discount rate hike, some members of the [...] -
U.S. Dollar Takes Breather in Forex Trading
February 22, 2010[Story ID: 866]
Currency trading on the FX market
The U.S. dollar appears to be taking a breather in forex trading on the currency market today. The greenback is mixed in currency trading as the euro and the sterling both head a little bit higher.
Risk appetite is helping matters a bit as Asian and European stocks move [...]