Whetted Investor Risk Appetite Supports Euro versus U.S. Dollar
July 15, 2010 by admin
Filed under forex practice
The common currency Euro held close to a 2-month peak versus the U.S. Dollar as investor risk appetite was whetted following earlier better than expected quarterly earnings results from Intel. Source: DailyForex News
Ahead of Japanese Elections, Yen Slips versus U.S. Dollar
July 10, 2010 by admin
Filed under forex practice
Japanese importers, awaiting the outcome of the Upper House elections which will be held on Sunday, helped push the Japanese Yen lower against the U.S. Dollar in Asian trading today. Source: DailyForex News
Aussie Higher Versus Safe-haven Currencies on Improved Jobs Data
July 9, 2010 by admin
Filed under forex practice
Much stronger than predicted jobs data from Australia helped to push the Aussie and other high-yielders up against the safe-haven greenback and Japanese Yen. Source: DailyForex News
Forex Trading Versus The Stock Market – Key Similarities And Differences To Understand
June 29, 2010 by admin
Filed under forex practice
Most people get their introduction to financial trading through the stock market. After all, it is the oldest and largest financial market in the world, right? Wrong! The forex trades over $2 trillion (with a “T”) a day, and has been around as long as money itself . What’s more, the forex is even easier [...]
Vulnerable Australian Dollar Slips versus Safe Haven Currencies
May 26, 2010 by admin
Filed under forex practice
The high yielding, high risk Aussie extended yesterday’s losses in Asian trading today. Source: DailyForex News
Japanese Yen Slips versus Greenback and Euro in Light Asian Trading
May 5, 2010 by admin
Filed under forex practice
In lackluster Asian trading today, the Japanese Yen slipped versus both the common currency Euro and the U.S. Dollar. Nonetheless, the Yen managed to hold on just shy of the key psychological level (95.00 Yen), indications that the Yen has found support prior to the release of employment data out of the United States later [...]
In Asian Trading Euro Touches on 2-week Low versus Greenback
April 9, 2010 by admin
Filed under forex practice
Continuing worries about the rescue efforts for debt-burdened Greece helped to push the common currency Euro to a new 2-week low versus the U.S. Dollar in Asian trading today. Source: DailyForex News
Japanese Yen Slips versus Well-supported U.S. Dollar
March 11, 2010 by admin
Filed under forex practice
The Japanese Yen slipped in Asian trading as the government of the People’s Republic of China reaffirmed its current loose monetary policy and Asian share prices rose, all of which served to increase investors’ appetite for risk. Adding to the Yen’s decline against the U.S. Dollar was the news that Japan’s central bank is considering [...]