Currency News
Currency News is targeted at the forex investor by reporting significant movements on the world’s foreign exchanges.
The site covers both major currencies, such as the USD, GBP and Yen, but also gives coverage to other less familar currencies.
Website: Currency News: Daily Forex News
Latest Forex Headlines:
- Yen weakens on US data
- USD weakens, rebounds after scare
- Pound sees gains on factory data
- Yen weakens on data, risk chances
- USD weaker versus yen, euro
- USD weaker on gains in NY equities
- USD, yen stronger on risk aversion
- Euro weaker on lower consumer prices
- Dollar lower ahead of Fed decision
- Yen stronger on US, China data
The Japanese yen weakened Tuesday as good news from US retailers spurred investors to look for riskier investments among higher-yielding currencies.
US retail sales were up 2.7 percent in August; excluding auto sales, they were still up 1.1 percent in the month.
In afternoon trade in New York, the yen traded at ¥90.955 to the US dollar [...]]]>
The US dollar weakened Friday on decreased demand in favor of higher yielding currencies after a Reuters/University of Michigan survey showed US consumer sentiment at 70.2 in September, from 65.7 last month.
The rise in sentiment sent investors looking for riskier investments at the expense of the lower-yielding dollar.
However, the greenback gained back its decline versus [...]]]>
The pound saw gains Tuesday after an unexpectedly large rise in U.K. factory output in July while at the same time Germany’s industrial production dropped by 0.9 percent in July from June when analysts had predicted that Germany’s output would rise by 1.6 percent in July.
Factory output in the U.K. was up 0.9 percent in [...]]]>
The yen was weaker Friday as Japan’s unemployment rate was reported at 5.7 percent in July and as consumer prices dropped 2.2 percent from last year.
While the yen recovered slightly as the session progressed on a new US consumer confidence report, the new data on jobs and deflation seemed to point toward a greater possibility [...]]]>
The US dollar weakened in relation to the euro and the yen Tuesday as US consumer confidence was reported up in August and as home prices fell less quickly, reducing demand for the greenback as a safe investment.
The Conference Board reported that its consumer confidence index as at 54.1 in August, up from 47.4 in [...]]]>
The US dollar was weaker Wednesday as US equities markets were up on higher oil prices and investors looked for riskier investments, but in afternoon trade the greenback looked like it was beginning to gain back some of its declines.
At 1:46 p.m. in New York, the US currency traded at $1.4245 to the euro [...]]]>
The US dollar and the yen strengthened Monday as investors avoided risk after Japan’s gross domestic product did not grow as much as had been hoped in the second quarter.
Japan’s GDP added an annualized 3.7 percent in the second quarter, not as much growth as predicted but still an improvement over its 11.7 percent decline [...]]]>
The euro was weaker versus the US dollar and the yen Friday on a report from the European office of statistics which showed that consumer prices in the European Union were down 0.7 percent from last year, while at the same time US consumer prices were unchanged in July from June but were down 2.1 [...]]]>
The US dollar weakened a bit versus the euro on Wednesday ahead of announcement of a new decision on US interest rates by the Federal Reserve, due later in the day, in which the Fed is expected to hold rates steady for the time being.
In late morning trade in New York, the dollar traded at [...]]]>
The Japanese yen strengthened Tuesday as US equities markets declined and new data out of China showed fewer loans granted and less exports leaving China.
New figures revealed that China exports were down 23 percent in July from July of last year.
In mid-morning trade in New York, the yen traded at ¥135.6305 to the euro and [...]]]>
