Archive for the Forex News Category
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FOREX-Dollar little changed vs majors in volatile trade (at Reuters)
* U.S. trade gap narrows, claims higher than forecast * SNB says would act decisively on Swiss franc * New Zealand dollar falls after RBNZ holds rates
more - CANADA FX DEBT-C$ rallies for 10th day, focus on jobs data (at Reuters) more
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Dollar mixed after jobs, trade data (Money)
The dollar slipped against the euro and the pound Thursday but rose against the yen as investors digested mixed U.S. economic news.
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Currencies: Volatility is creating fresh opportunities (at Financial Times)
Volatility in the currency markets is creating opportunities for traders, with the prospect of more to come. Trading firms report heightened interest in trading on currency pairs such as the sterling/dollar or dollar/euro, as uncertainty over the glo
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No need to fear renminbi strength (at Financial Times)
Markets are overestimating the potential impact of an appreciation of the Chinese renminbi against the US dollar on other currencies, says Antje Praefcke, currency strategist at Commerzbank.
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Currencies: Dollar gives up gains after U.S., Chinese data (at MarketWatch)
The dollar turns slightly lower as currency traders mull economic data out of China and U.S. reports on trade for January and weekly jobless claims.
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[$$] Investors Ponder Euro s Fair Value After Slump (at The Wall Street Journal)
Investors Ponder Euro s Fair Value After Slump The euro, after slumping almost 10% against the dollar since late November, has stuck to a narrow range in the past month, prompting investors to ask if the common currency has finally reached fair value
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Brazil s central bank calls auction to buy dollars (at Reuters)
Brazil s central bank called an auction on Thursday to buy U.S. dollars on the spot foreign exchange market as part of an ongoing effort to boost international reserves and limit volatility in the currency market.
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Dollar Steady as Jobs Data Absorbed (TheStreet.com)
An above-forecast reading on Chinese consumer prices in February fueled worries of more policy tightening by the Chinese central bank which dampened investor risk appetite to the benefit of the dollar and the Japanese yen.
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Currencies: Dollar improves after U.S. data (at MarketWatch)
The dollar gyrates as currency traders digest worrisome economic data out of China as well as U.S. reports on imports and exports for January and weekly jobless claims.
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