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Daily Forex Currency Highlights
The big news from today’s currency markets
October 31st
Higher yielding currencies have continued to show signs of weakness as investors continue to stress about the state of the global economy. The AUDUSD (see above chart) has broken support levels of 1.0500 after the Reserve Bank of Australia announced that ...
October 30th
Both the USD and yen are heading for weekly declines against the majority of their major trading counterparts as the European proposal to end the area’s sovereign debt crisis causes a global rally in stocks dampening the demand for safe haven currencies...
October 30th
Higher yielding currencies have been weak during the Asian session as the Bank of Japan Intervenes to weaken the yen and analysts predict that the rescue plan put together by the European Union may fail to contain the sovereign debt crisis as slowing econ...
October 26th
The higher yielding assets have seen some solid buying during the Asian session after the European lawmakers reached a broad agreement on the future of Greece. The euro has risen against all of its trading counterparts today after Germanys Merkel announce...
October 25th
Investors are again looking to the yen as a safe haven ahead of the European summit later in the trading session. USDJPY is trading near the post World War II lows of 75.76 after Finance Minister Jun Azumi said today that his department will take decisive...
