Risk aversion remains the main theme across the markets this week with equity markets continuing to slide and the safe-havens of the US Dollar and Japanese Yen performing strongly.
Very positive German GDP yesterday gave the euro a boost in early trading but again developments in Greece have swamped any positive euro related news...
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Foreign Exchange Trading: USD and JPY Gain on Increasing Risk Aversion
FX Day Traders Seek Yen as US Jobs Data Falls
The dollar slid against the yen but rallied against currencies linked to global growth on Friday, as investors sought safety after US jobs data provided further evidence the economic recovery was losing momentum.
A third straight monthly decline in US hiring growth also weighed...
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AUD FX Spreads Surge amid Positive Australian Jobs Data
Developments in Greece and Spain continue to weigh on Euro sentiment, driving the single currency lower across the board.
The Spanish government part-nationalised stricken lender Bankia, taking a 45 per cent stake in exchange for €4.5 billion in emergency loans. We can expect this...
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FX Spread Trading: French election Prompts Negative Euro Sentiment
Voters in France and Greece joined their counterparts in Ireland, Portugal, Spain, Italy and the Netherlands in forcing out leaders or ruling parties over the past two years.
Changes...
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Spread Trading: Positive Sentiment Sees Canadian Dollar Strengthen
The Canadian dollar won on points in a week that saw the top half dozen currencies move by less than a cent against each other.
There was a general tilt...
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Forex Trading: Sterling/Euro Falls as UK Construction Weighs on GDP
UK Q1 GDP has come in at 0.2 percent which means the UK will be confirmed as in a technical recession (the final GDP figure is out later in...
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