Dollar is Flying, while Yen is looking delicate
Tuesday, 29 March 2011 04:33
Bullard’s discussion in Prague boosts the US Dollar. Useful information for forex traders. EUR/USD was trading at 1.4127 from the time of the previous post and is now trading at 1.4059, resulting in the depreciation of the Euro. As well as the GBP/USD trading at 1.5970..
Read MoreAustralia skyrockets to a 29 year high
Monday, 28 March 2011 05:54
The Aussies reached a 29 year high price of 1.0330 against the American Dollar earlier today. A positive attitude seems to prevail so more good news is expected for AUD/USD. The pair is currently trading at 1.0276
Read MorePortuguese two notch downgrade causes Euro to sink
Thursday, 24 March 2011 11:21
Portuguese politics weigh the Euro down as the currency falls by 0.6% against the Dollar to a four day low at 1.4069. Moodys downgraded Portugal from A1 to A3 and outlook seems weaker for economic growth.
Read MoreBritish Inflation Jumps
Wednesday, 23 March 2011 02:11
British inflation moved upwards in February by 0.4% from 4.0% to 4.4%.
Read MoreVolatile Japanese Currency, US Dollar Frail
Tuesday, 22 March 2011 01:07
Despite the nuclear chaos in Japan, the currency is still holding strong trading at approximately 80 to 81.27 with the US Dollar making the American currency persistantly fragile.
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