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Euro Higher for Now, But Debt Remains a Problem

Posted by gftmarkets 188 days ago (http://www.topforexnews.com)
Category: Currencies | Tags: currencies euro forex
Euro is higher right now, gaining as some Forex traders engage in short covering. However, the 17-nation currency is still vulnerable to debt problem[...] read more »
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Yen Remains Strong Against the US Dollar

Posted by gftmarkets 192 days ago (http://www.topforexnews.com)
Category: Currencies | Tags: currencies dollar forex yen
Japanese yen is higher today against the US dollar, a situation that has many companies in Japan increasing their efforts to shift overseas. Yen cont[...] read more »
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Should the Eurozone Declare Bankruptcy?

Posted by gftmarkets 192 days ago (http://forex.gftforex.com)
Category: Economy | Tags: euro fund sovereign debt
The euro is higher against the US dollar today, but that situation is likely to be temporary, considering that the eurozone still hasn't managed to [...] read more »
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Trouble in China?

Posted by gftmarkets 192 days ago (http://blog.gftuk.com)
Category: Economy | Tags: china economy inflation
China has warned lenders that some projects, backed by local governments, could run out of funds. Additionally, it appears as though loans made to pr[...] read more »
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Euro Rises on Optimism, Mario Draghi’s EFSF Prodding — Forex News

Posted by gftmarkets 192 days ago (http://www.topforexnews.com)
Category: Currencies | Tags: currencies euro forex
Euro is heading higher today, gaining after four days of losses. Forex traders hope that the ECB’s buying of Spanish and Italian bonds will slow yiel[...] read more »
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UK Pound Drops on Risk Aversion

Posted by gftmarkets 196 days ago, popular 195 days ago (http://www.topforexnews.com)
Category: Currencies
UK pound is lower today as risk aversion sets in. Concerns about Europe are affecting the financial markets today, with banks retreating — and other [...] read more »
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Japanese Yen Rises on Safe Haven Demand

Posted by gftmarkets 196 days ago, popular 195 days ago (http://www.topforexnews.com)
Category: Currencies | Tags: currencies dollar forex yen
Japanese yen is rising today as Q3 GDP results indicate that Japan is recovering from the March 2011 earthquake and tsunami. Also boosting the yen to[...] read more »
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Euro Weakens in Forex Trading

Posted by gftmarkets 196 days ago, popular 195 days ago (http://forex.gftforex.com)
Category: Currencies | Tags: currencies euro forex
The euro is weaker in forex trading today as, once again, the stability of the eurozone is called into question. An Italian bond auction resulted in [...] read more »
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Japan's Economy Recovering from Earthquake and Tsunami

Posted by gftmarkets 196 days ago (http://blog.gftuk.com)
Category: Stocks | Tags: japan markets stocks
Japan's economy appears to be doing well, months after a devastating earthquake and tsunami that struck the country. GDP growth headed higher in Q3,[...] read more »
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China Conditions for Eurozone Debt Help: Rejected

Posted by gftmarkets 199 days ago (http://forex.gftforex.com)
Category: Economy | Tags: china eu euro forex
European leaders reject Chinese conditions for debt help, which include more influence at the IMF, and "market economy" status. read more »
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Aussie Drops in Forex Trading on Risk Aversion

Posted by gftmarkets 201 days ago (http://forex.gftforex.com)
Category: Currencies | Tags: currencies forex aussie
Aussie heads lower as risk aversion sets in, thanks to developments in the eurozone, especially Italy. read more »
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U.S. Dollar Rangebound in Forex Trading

Posted by gftmarkets 202 days ago (http://forex.gftforex.com)
Category: Currencies | Tags: currencies forex u.s. dollar
Many currencies are rangebound this morning, waiting for what comes of the Italy vote scheduled for later this afternoon, Rome time. read more »
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China Pledges to Move Currency Closer to Market Float

Posted by gftmarkets 206 days ago (http://forex.gftforex.com)
Category: Currencies | Tags: china yuan
China vows to take steps (albeit gradual steps) toward a free-floating currency. read more »
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Unemployment Claims Dip Below 400,000

Posted by gftmarkets 207 days ago (http://forex.gftforex.com)
Category: Economy | Tags: economy jobs jobless claims
Unemployment claims are lower today, adding a little optimism to the markets. However, most investors are fixed on the eurozone. read more »
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QE3 Likely to be Put Off -- For Now

Posted by gftmarkets 208 days ago (http://forex.gftforex.com)
Category: Economy | Tags: economy qe3
Right now, most markets are trading on the latest news to come out of the eurozone -- whatever that news ends up being. As a result, the conclusion o[...] read more »
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