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Euro Recovers from Earlier Lows to Move Higher

www.topforexnews.com

Euro is recovering today, and moving higher, after earlier lows against the US dollar. Concerns about the eurozone have melted away as risk appetite makes an appearance, and as the US dollar and other low beta currencies turn lower.


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MMarquit's picture
2 years 6 days ago – Made popular 2 years 6 days ago
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Japanese Yen Weakens against European Currencies

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After showing general strength earlier, the Japanese yen is now weakening against its European counterparts. Yen is still stronger against the US dollar, but against the euro and the United Kingdom pound, the Japanese yen is lower.


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MMarquit's picture
2 years 6 days ago – Made popular 2 years 4 days ago
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US Dollar Gains as Global Economic Fears Return to Focus

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US dollar is gaining ground as Forex traders look for safe haven amidst concerns about what’s next. Lackluster data from China and from the United States itself has many concerned about what could be coming for the global economy. The result is that Forex traders are looking for a little more safety right now, and the greenback is benefitting.


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MMarquit's picture
2 years 1 week ago – Made popular 2 years 6 days ago
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Aussie Drops as Gold Prices and Other Commodities Fall

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Aussie is dropping today as risk appetite fades away, and as commodity prices fall. After seeing some strength for a while, the Australian dollar is finally dropping, to the relief of some policymakers Down Under.


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2 years 1 week ago – Made popular 2 years 1 week ago
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Euro Gets Boost on Expectations for Spain

www.topforexnews.com

Euro is getting a bit of a boost today, heading higher as optimism about Spain becomes the focus today. Also helping matters for the euro against the US dollar is the continued strength of gold, thanks to its use as an inflation hedge.


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MMarquit's picture
2 years 1 week ago – Made popular 2 years 1 week ago
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Canadian Dollar Inches Higher against US Dollar

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Canadian dollar is moving a little higher right now, thanks to an appearance by risk appetite. Loonie had been dropping earlier this week on concerns about global economic growth, but now there is a little more optimism, thanks to the latest news out of Spain.


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MMarquit's picture
2 years 1 week ago – Made popular 2 years 1 week ago
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US Dollar Stronger on Global Economic Fears

www.topforexnews.com

US dollar is heading higher today, strengthening as Forex traders demand safe haven currencies. Economic data out of the eurozone and out of China are weighing on riskier assets today, and the greenback is getting a boost.


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MMarquit's picture
2 years 1 week ago – Made popular 2 years 1 week ago
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Japanese Yen Strengthens as Risk Appetite Fades

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Japanese yen is strengthening as risk appetite fades. Lackluster economic data, continued eurozone concerns, and general risk aversion are all sending Forex traders to safe havens like the yen.


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MMarquit's picture
2 years 1 week ago – Made popular 2 years 1 week ago
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Euro Slips Against the Dollar, But Remains Just Above 1.30

www.topforexnews.com

Euro is slipping a bit against the US dollar, heading a little lower, but the 17-nation currency continues to hold on to the 1.30 level. Selling pressure is building, though, as weak economic data and continued inaction from eurozone leaders weighs on the euro.


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2 years 1 week ago – Made popular 2 years 1 week ago
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Aussie Gets Boost from News Out of Japan

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Australian dollar is getting a boost today, heading higher after the Bank of Japan announced a plan to further ease the situation for the yen. The move is expected to help the Japanese economy, and the Australian dollar is getting a boost, similar to the gains seen at the end of last week with the quantitative easing announcement from the United States.


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MMarquit's picture
2 years 1 week ago – Made popular 2 years 1 week ago
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