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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, 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 [...] -
POSITIVE RISK SENTIMENT BOOSTS RISK SENSITIVE CURRENCIES
July 14, 2010[Story ID: 5102]
The euro held near a two-month high against the dollar on Wednesday induced by strong U.S. corporate earnings and easing concerns about euro zone sovereign debt, which also helped push equities higher. This in turn has increased Risk appetite in the financial markets and will impact movement with the risk sensitive currencies such [...] -
Risk Returns to the Forex Market
July 8, 2010[Story ID: 4955]
Aussie leads the way higher in currency trading
Risk appetite is making a return to the forex market today as the Australian dollar leads risk currencies higher in trading. The Asian session saw an explosion of risk, while things grew a little more subdued during the European session. However, risk appetite remains healthy, in [...] -
US Dollar Paradigm Shift
July 7, 2010[Story ID: 4956]
Since the inception of the financial crisis, the Dollar has been treated as a safe haven currency. Simply, when there was a surge in the level of risk-aversion, the Dollar rose proportionally. When risk aversion gave way to risk appetite, the Dollar fell. It was as simple as that.
Lately, this notion has manifested [...] -
Euro Sees Gains in Forex Trading Against the U.S. Dollar
June 30, 2010[Story ID: 4689]
Risk appetite makes an appearance
The euro is seeing gains in forex trading today, as risk appetite makes a small appearance. Yesterday, risk aversion was the story, but it appears that forex traders are ready for a little bit of risk today.
The euro got a little help from higher stocks in Europe. However, stocks [...] -
Risk Rally in Forex Trading
May 27, 2010[Story ID: 3905]
U.S. dollar falls as forex traders look for higher yields
Yesterday, financial markets plummeted on the news that China might begin selling off European debt. However, Beijing has denied those rumors. As a result, the euro is being propped up in forex trading, and a risk rally is well underway.
The U.S. dollar is heading [...] -
Forex: AUD/JPY heading toward 77.00
May 20, 2010[Story ID: 3601]
FXstreet.com (Córdoba) – The Australian dollar keeps consolidating losses against the Yen for the 4th consecutive week. The pair fell further and posted a fresh 10-month low at 76.05 on early American trade. Despite the pair was rejected from those levels toward the 78.00 area recovering over 180 pips, the corrective bounce [...]