Euro lower in forex trading Risk aversion is returning to the forex market today, increasing as worries about Greece and the eurozone take center stage. Last week, the euro saw some solid gains in forex trading, but this week some of those gains are being lost. A meeting of European leader in Brussels is not [...]
As markets continue to wait the outcome of the Greek debt restructuring talks, attention yesterday turned to the US FOMC meeting. The euro had lost a little ground in yesterday morning’s trading as concerns that the ECB would have to take losses on its Greek bond holdings outweighed a stronger than expected German Ifo index. [...]
With intensifying strains in the euro area weighing on the global outlook, the IMF sharply cuts its forecast for world growth to 3.3 percent this year, saying prospects have dimmed and risks to financial stability have increased. IMF Survey Magazine
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 [...]
FXstreet.com (Barcelona) – Monday trading is doing a slight corrective movement after a plunging… For more information, read our latest forex news. FXstreet.com: Latest News
The IMF’s outlook for Africa for 2012 remains for sustained economic growth. But IMF African Department’s Roger Nord says at the same time the risks have also increased because of uncertainty and turmoil in other parts of the world, notably in Europe. IMF Survey Magazine
Events unfolding far from Asia’s shores could shape the region’s economic outlook for 2012. But if the global economic situation deteriorates, Asia’s policy makers still have the room to respond aggressively, say IMF economists. IMF Survey Magazine
Greenback lower in forex trading Risk appetite is keeping the US dollar lower in currency trading today. Even though there has been some lackluster data, and even though there are still fundamental issues plaguing the eurozone, the dollar is nevertheless struggling in forex trading. Gold prices are rising again, heading back toward the $ 1,600 [...]
Hong Kong Special Administrative Region has benefited greatly from China’s robust growth, and has successfully navigated a path through the current global uncertainty, but the fallout from the European debt crisis could negatively impact the region, say IMF economists. IMF Survey Magazine
Greenback lower in forex trading The dollar is down in currency trading on the FX market as risk appetite improves today. Even though the OECD believes that the eurozone is in a mild recession, the euro is surging in forex trading. Indeed, many forex traders are optimistic about the future — at least for now [...]
US economic data contributes to risk aversion The euro is heading lower in forex trading on the currency market today, dropping dramatically as concerns about sovereign debt in the eurozone take center stage — again. This time, the concern stems from the fact that Germany, a pillar of the eurozone economy, is starting to feel [...]
Eurozone worries send high beta currencies lower The Aussie forex trading forecast for the long term is a little uncertain, but for the short term, it looks as though weakness is likely to be the trend. AUD/USD is falling as concerns about what is happening in Europe result in risk aversion. Forex traders are looking [...]
FXstreet.com (California) – AUD/USD is retreating from opening prices as risk sentiment weighs on… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (California) – EUR/USD opened the Asian session lower after a weekend summit produced… For more information, read our latest forex news. FXstreet.com: Latest News
Greenback lower in currency trading on news out of Europe The U.S. dollar is down in forex trading today as risk appetite is making an improvement. Greenback is lower in currency trading as forex traders find a little optimism related to the rumors that an agreement has been reached in the European sovereign debt crisis. [...]
After reaching highs of $ 1.3833 versus the dollar yesterday, the euro dipped in early morning trade but remains well supported by the current wave of positive sentiment towards riskier assets. Despite its early morning consolidation, further gains could be seen near term, with the overnight news of a better than expected Australian jobs report [...]
After reaching highs of $ 1.3833 versus the dollar yesterday, the euro dipped in early morning trade but remains well supported by the current wave of positive sentiment towards riskier assets. Despite its early morning consolidation, further gains could be seen near term, with the overnight news of a better than expected Australian jobs report [...]
Greenback in currency trading U.S. dollar is higher in forex trading as risk aversion sets in. News from around the world is helping the greenback in currency trading. Concerns about the China currency bill, as well as economic slowing in China itself, are causing problems. On top of that, there are worries about the U.S. [...]
Risk appetite got a boost going into the weekend following the release of a better than expected US non-farm payrolls report. The data helped ease fears of a renewed recession in the world’s largest economy, though the news of Fitch’s downgrade of Italy and Spain did put something of a damper on things. Nonetheless, markets [...]
U.S. Dollar gains in forex trading Risk aversion has returned to the currency market as concerns about the fate of the eurozone bailout fund move to the surface. Additionally, there are concerns about what’s next for the global economy at large. With OPEC cutting the oil forecast, citing weak demand due to a slowing global [...]