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Forex News

18 May 2012   Daily FX
Can the Facebook IPO Revive Equities and Torpedo the US Dollar?
Can the company’s IPO help lift the general sentiment and the broader equities market?
18 May 2012   Top Forex News
Brazilian Real Rises, Stays Near 2 per Dollar
The Brazilian real rose today, but stayed near the 2 per dollar level as the impact of the European crisis on currencies of emerging markets sapped strength of the Brazilian currency.
18 May 2012   Bloomberg
Euro Touches 4-Month Low After Fitch Downgrades Greece
The euro sank to a four-month low, extending declines to a third-straight week, amid concern Europe’s sovereign-debt crisis is worsening.
18 May 2012   XE
Kenyan shilling slips vs dollar, cbank support eyed
The Kenya shilling weakened on Friday, pushed down by importer orders for the greenback, although traders said they expected the central bank to keep supporting the local currency.
17 May 2012   FxStreet
EUR/USD flat after Spanish GDP
he single currency is trading in the proximities of the 1.2720 region after the Spanish economic activity has posted its second consecutive contraction.
17 May 2012   Top Forex News
Loonie Weakens as Europe Hits Commodity Prices
The Canadian dollar weakened yesterday as the crisis in Europe escalates, damping demand for commodities and commodity-dependent currencies.
17 May 2012   CountingPips
Aussie Plunges to Lowest this Year, Kiwi Declines
The troubles in Europe seem to spillover to the south pacific countries, and despite yesterday’s rally, the kiwi and Aussie has plunged back into declining trend.
17 May 2012   MoneyControl
See dollar-rupee move higher in near term: Barclays Capital
The Indian currency seems to be sinking in the same boat as some of its Asian peers but the rupee’s movement was largely scented around events in India.
17 May 2012   FX and MM
SEPA will survive even if the Euro doesn’t according to banking industry
Nearly 70% of respondents believe that the Euro will not survive in its current form...
16 May 2012   Daily FX
Dollar Wins its Highest Close Since January 2011, Buckle Up
It was only a matter of time before the Dow Jones FXCM Dollar Index finally made the mark of real progress.
16 May 2012   ForexNews
Euro Attempting to Recover on Technical Bounce and Solid Data
Market participants seek to buy back into risk at potentially attractive levels...
16 May 2012   Bloomberg
Yuan Forwards at 4-Month Low as Greek Stalemate Damps Appetite
Yuan forwards dropped to the weakest level in more than four months as Greece’s failure to form a coalition government sapped demand for emerging-market assets.
16 May 2012   Freshpips
Gold Fundamental Analysis May 16, 2012, Forecast
Gold is trading at 1557.35 drifting lower below to fall as low $1550 an ounce, as the Euro sinks sharply against the US dollar.
15 May 2012   FxStreet
Forex: GBP/USD plunges after UK trade balance
The GBP/USD was holding the 1.6100 line ahead of the UK data only to fall afterwards.
15 May 2012   Top Forex News
Brazilian Government Allows Real to Depreciate
The Brazilian real fluctuated today as Brazil’s government indicated that it is not going to intervene in the exchanged markets in order to support the currency.
15 May 2012   IBTimes
EU Morning Report - Gold records 5-month low
The euro (EUR) recorded losses against most of its major counterparts as the never ending political crisis in Greece drags the single currency lower.
15 May 2012   XE
Italy recession deepens, steepest fall since 2009
Italy's economy slid further into recession in the first three months of this year, the third consecutive quarterly decline in activity and the steepest economic contraction for three years...
14 May 2012   Financial Times
Overseas investors boost sterling
A wave of foreign investment into the UK, including billions in M&A deals, has contributed to sterling’s rise to multi-month highs, say foreign exchange bankers.
14 May 2012   CNN
Spain moves to shore up banks
Spanish banks will be required to boost provisions by ?30 billion for real estate loans previously considered "non-problematic"
14 May 2012   CountingPips
Investors Need to Know The Financial World Has Changed
Investors need to accept the fact that ‘the game as we have all known it appears to be over’, says US investor Bill Gross.

 

 
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