PPI — News Archive

Swiss Franc Gains Despite Falling Economic Expectations

The Swiss franc gained yesterday and remained little-changed today against the US dollar and the euro even as economic expectations were worsening. The currency traded sideways versus the Japanese yen.

CAD Gains vs. USD & EUR on Economic Data, Flat vs. JPY

The Canadian dollar gained against the euro and the US dollar as macroeconomic data from the eurozone and the United States was bad. The currency was flat versus the Japanese yen.

Another Bad Week for Euro?

The euro was no feeling well recently. The Forex market was in a risk aversion mode, driving traders away from the currency. What this week holds for the euro? In fact, market analysts think nothing good.

US Dollar Gains Ground

US dollar is gaining ground today as a mixture of economic data and risk aversion send Forex traders toward the the greenback. Concerns about what will happen if Silvio Berlusconi in Italy, as well as a dramatic drop by gold, are also contributing to a stronger dollar.

Franc Drops as Demand for Safety Wanes

The Swiss franc dropped today as demand for safety fell amid the positive market sentiment, while the Swiss fundamental data made investors question the safe status of the currency.

Euro Strong vs. Dollar, Weak vs. Yen

The euro climbed against the US dollar today on optimism for the Greek bond-buyback program and the macroeconomic data, which was better than expected. At the same time, the shared 17-nation currency fell versus the Japanese yen.

Rupee Falls as China Spurs Worries

The Indian rupee fell today, leading other Asian currencies in losses, as concerns about global economic growth reduced willingness of investors to buy riskier currencies of emerging economies.

Swiss Franc Falls as SNB Committed to Keep Ceiling

The Swiss franc dropped today after the Swiss National Bank kept its monetary policy unchanged and reiterated the pledge to keep the cap of 1.20 francs per euro. The Swiss currency extended its bearish movement against the euro and halted the rally versus the US dollar.

Franc Posts Weekly Gains vs. Dollar & Yen, Flat vs. Euro

The Swiss franc rallied this week against the US dollar and the Japanese yen. The currency has been appreciating since the second half of July. As one could expect, the franc remained flat against the euro near the ceiling level of 1.20 francs per euro.

NZ Dollar Rallies with Milk Prices

The New Zealand dollar rose against the US dollar and the Japanese yen yesterday and maintained its gains today as the rally of commodities improved outlook for New Zealand exports, meaning that the currency will be in demand.

1234

FxNet Forex Brokers - Up to 50% bonus on all deposits

Archives

SUBSCRIBE

Subscribe to Forex News by E-mail: