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US Dollar Falls as Risk Appetite Returns

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Risk appetite is returning to the financial markets as the good news about the eurozone takes precedence. As a result, the US dollar is heading lower as Forex traders look for higher yields. However, greenback weakness may not be lasting.


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2 years 24 weeks ago – Made popular 2 years 24 weeks ago
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Euro Higher as Optimism Makes an Appearance

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Euro is heading higher today as optimism about what eurozone leaders will do to ease the crisis rises. There are hopes that Spain’s situation will prompt action from leaders. The optimism is helping global markets rally, and providing a boost for the euro.


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2 years 24 weeks ago – Made popular 2 years 24 weeks ago
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Aussie Rate Cut Affects Performance Only Slightly

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Aussie’s performance has been affected only slightly today after a Reserve Bank of Australia rate cut. Aussie is a recovering against the US dollar today, due mostly to general risk aversion, while the Down Under currency gains slightly against European currencies.


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2 years 24 weeks ago – Made popular 2 years 24 weeks ago
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Canadian Dollar Mixed as Traders Consider Bank of Canada

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Canadian dollar is mixed today, turning in a spotty performance, as Forex traders weigh the week ahead. Commodities are lower, which affects the loonie, but there is also a small element of risk appetite, which is helping.


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2 years 24 weeks ago – Made popular 2 years 24 weeks ago
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US Dollar Slips After Earlier Strength

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Earlier, US dollar was higher against its major counterparts, gaining as Forex traders looked for safe haven as growth worries persisted. Now, though, the greenback is heading a little bit lower as a bit of optimism peeks through.


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2 years 24 weeks ago – Made popular 2 years 24 weeks ago
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UK Pound Falls on Disappointing Manufacturing Data

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UK pound is struggling today, dropping as disappointing manufacturing data reduces confidence in the currency. Sterling would have struggled anyway, thanks to the general risk aversion today, but the news specifically out of the United Kingdom is adding its own layer of difficulty; indeed, even the euro is gaining against the pound.


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2 years 25 weeks ago – Made popular 2 years 24 weeks ago
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Spain's Banking Sector Weighs on Euro

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Spain’s banking sector is driving the euro lower as Forex traders worry about the pressure being put on the 17-nation currency. Spaniards are sending money abroad, creating a bank run, and that is only making things worse for the financial sector.


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2 years 25 weeks ago – Made popular 2 years 24 weeks ago
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US Dollar Lower Across the Board

www.topforexnews.com

Cautious optimism is the watchword today, and that is helping other major currencies against the US dollar. Greenback is lower today as Forex traders find some reasons to look forward, and as some believe that, perhaps, a solution can be found that will keep Greece (and Spain) in the eurozone.


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2 years 25 weeks ago – Made popular 2 years 25 weeks ago
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Japanese Leaders Warn on Yen Strength

www.topforexnews.com

Japanese yen is on the rise again, heading higher as concerned Forex traders look for safe haven assets. The yen is considered one of the safer currencies, and with all of the turmoil and uncertainty in Europe, it is one of the currencies of choice.


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2 years 25 weeks ago – Made popular 2 years 25 weeks ago
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US Dollar Rallies as Risk Aversion Takes Hold of the Markets

www.topforexnews.com

US dollar is rallying as risk aversion takes hold of the markets. Financial markets are falling everywhere, from high beta currencies to stock markets. Concerns about the eurozone are mainly driving today’s risk averse atmosphere. With so many concerns, it’s little surprise that the US dollar is heading higher.


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2 years 25 weeks ago – Made popular 2 years 25 weeks ago
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