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Will Durable Goods Slow the Risk Rally in Forex Trading?
July 28, 2010[Story ID: 5619]
Currency trading on the FX market
The risk rally got a good boost earlier today, with the sterling moving through the 1.56 level in currency trading. On top of that, the euro has gained in forex trading, reaching the 1.30 level.
However, the forex trading forecast question right now is whether or not the risk [...] -
Sterling Moves through 1.56 Level in Forex Trading
July 28, 2010[Story ID: 5620]
Risk rally on the currency market
The U.K. pound has moved on to the 1.56 level in currency trading on the FX market. As a result of help from the risk rally on the currency market, sterling has hit a 5-month high.
Bank of England officials have appeared before Parliament, and have assumed a more [...] -
Euro Higher in Forex Trading, But Cant Get Through 1.30 Level
July 27, 2010[Story ID: 5576]
U.K. pound rally slows as well
The euro is higher in forex trading against the U.S. dollar, but still has trouble getting through the 1.30 level. Indeed, recent attempts following good economic data in the euro zone have been rebuffed.
GFT’s Boris Schlossberg reports in FX360 on the situation for the euro in forex trading:
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Aussie Heads Higher in Forex Trading
July 27, 2010[Story ID: 5577]
Currency trading with AUD/USD
Risk appetite is putting in an appearance on the currency market today, and AUD/USD is benefitting. Asian stocks ended mixed today, but the Australian market was one of those showing gains. As a result, there is some momentum behind the Aussie in forex trading.
Indeed, matters are progressing reasonably well for [...] -
Euro Gains in Currency Trading
July 26, 2010[Story ID: 5532]
Euro forex trading forecast
The euro is gaining in currency trading on the FX market as some degree of risk appetite returns to the market. Even though there are some doubts about the global economy, the U.S. dollar is down across the board and forex traders are showing interest in the euro.
Indeed, the euro [...] -
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 [...] -
Risk Rally Sends Euro Higher in Forex Trading
July 23, 2010[Story ID: 5465]
Currency trading with the euro
There is a risk rally going on right now on the currency market, sending the euro higher in forex trading. Most of the euro’s gains today are coming as economic data shows improvement. Sterling is also seeing solid progress in currency trading. Germany, the largest economy in the euro [...] -
Sterling Gets a Boost in Currency Trading
July 23, 2010[Story ID: 5466]
U.K. pound surges on improved economic data
The sterling is getting a boost in currency trading on the FX market today, with a little help from the latest round of economic data. British GDP is higher than expected, and that is helping the U.K. pound in forex trading.
European markets in general are showing much [...] -
Euro, Pound Gain in Currency Trading Against the U.S. Dollar
July 22, 2010[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 [...] -
Fundamentals Likely to Trip Up U.S. Dollar on Currency Market
July 22, 2010[Story ID: 5425]
U.S. dollar in forex trading
The U.S. dollar is softer in forex trading on the currency market today, following remarks Ben Bernanke made yesterday concerning the uncertain state of the U.S. economy.
The news is a blow for U.S. fundamentals, as concerns about a double dip recession start to bubble to the surface. Contrast the [...]