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Japanese Yen Trades Mixed in Forex Trading

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Japanese yen is mixed in Forex trading today, gaining against the US dollar, but moving lower against the euro and the UK pound. Yen received a boost earlier as traders bought on its attractive levels, but the Japanese currency has since pared some of its gains against the US dollar and pulled back against the euro.


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1 year 43 weeks ago – Made popular 1 year 43 weeks ago
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US Dollar Drops as Risk Appetite Returns to Markets

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US dollar is heading lower today, losing ground as concerns about the eurozone fade a bit. Also weighing on the greenback is the possibility that the Federal Reserve will announce more stimulus, weakening the US dollar further in the hopes of providing a boost for the economy.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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Euro Surges on Spanish Bond Demand, Federal Reserve Stimulus

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Euro is surging today as investors and Forex traders decide that there’s plenty to be optimistic about after all. Demand at the latest Spanish bond auction was strong, and there are expectations that the Federal Reserve will announce more stimulus at the close of its current two-day meeting.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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US Dollar Higher as Uncertainty Grows

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US dollar is higher as uncertainty grows in the eurozone. Concern about what’s next for the eurozone, and for the US economy, is the highlight as we start the week out, and that is providing a boost for the greenback as a safe haven.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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Pro-Bailout Politicians Win in Greece; Euro Down Anyway

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Even though pro-bailout politicians won in the Greek elections over the weekend, the euro is heading lower against its major counterparts. Relief over the outcome in Greece gave the euro a boost earlier, but that quickly gave way as the spotlight turned to shine on Italy and Spain.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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Euro Pulls Back a Little on Uncertainty

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Euro is pulling back a little on uncertainty today. Euro was higher earlier on the news that central banks would coordinate efforts in the event that Greek elections go badly this weekend, but there is enough disquiet about what’s ahead that the euro is slightly lower.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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Canadian Dollar Pulls Back on Global Economic Concerns

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Even though investors are sending stocks higher, there are plenty of concerns about the economy dragging down some of the high beta currencies, including the Canadian dollar. Loonie is down against the US dollar, heading lower on expectations of a slowing global economy.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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US Dollar Index Slips

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Instead of seeing risk aversion today, there is a bit of risk appetite, and that is sending the US dollar lower against its major counterparts. Also weighing on the US dollar is the possible of an extension of Operation Twist.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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UK Pound Mixed Today

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UK pound is mixed today, gaining against the US dollar, but pulling back against the euro. Risk appetite is making a cautious appearance in the currency markets, even with trouble in the eurozone. Indeed, pound’s fall against the euro is a bit of a surprise after the British currency’s recent gains.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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Euro Holding to Earlier Gains

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Euro is holding to earlier gains, and even building again, thanks to an appearance of risk appetite. Earlier, risk appetite faded a bit after US retail sales data, but now there appears to be a resurgence in a desire for riskier assets. The euro, as a result, is regaining its advantage against the US dollar.


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1 year 44 weeks ago – Made popular 1 year 44 weeks ago
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