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Forex news: yen firms versus European majors, hitting a 2-day high against pound
Written on 19 Sep, 2009 at 2:52 in Markets & Revenue Growth | viewed times | View Comments
Early morning on Friday in Asia, the Japanese unit firmed, hitting a 2-day high against the British pound as a fall in most Asian stocks impacted investors to seek the safety of the Japanese yen. The yen also revealed... (Continue reading)
Forex trends: sterling losses ground versus rivals
Written on 19 Sep, 2009 at 2:51 in Markets & Revenue Growth | viewed times | View Comments
During Friday morning deals in Asia the British pound weakened relating to its key counterparts. The pound, thus, plunged to a fresh 4-month low of 0.8984 against the European currency by 9:45 pm ET, compared to 0.8963 hit late... (Continue reading)
Gold is trading near $1,014 level
Written on 19 Sep, 2009 at 2:48 in Markets & Revenue Growth | viewed times | View Comments
Friday morning bullion drifted higher paring a $12 decline from an 18-month high in the previous session as investors sound out the strength of equity markets, whose rally has encouraged buying of riskier and alternative assets. Spot gold was... (Continue reading)
Forex trends: dollar dips to 1-year low versus euro on stock rise
Written on 17 Sep, 2009 at 19:32 in FEATURED, Markets & Revenue Growth | viewed times | View Comments
Thursday during early European deals, the US currency hit its lowest level in almost 1-year against the euro as the world stocks surged up on upbeat US economic reports, which raised hopes that the pace of the global economic... (Continue reading)
Forex trends: yen hits multi-week lows versus majors
Written on 17 Sep, 2009 at 19:29 in FEATURED, Markets & Revenue Growth | viewed times | View Comments
Thursday morning in Asia the Japanese unit lost ground against a basket of currencies. Thus, the Japanese currency hit a 1-week low against the currencies of Europe, Switzerland and Canada. And at the same time, yen plummeted to a... (Continue reading)
Gold flat near 18-month high
Written on 17 Sep, 2009 at 19:26 in Markets & Revenue Growth | viewed times | View Comments
Thursday morning, bullion hovered near 18-month highs hit the day before the dollar slipped, on optimism about the global economy prompting investors to turn to buying riskier and alternative assets. Spot gold moved up slightly by 0.1% to $1,017.70... (Continue reading)
Gold reaches $1,010 on dollar’s weakening
Written on 17 Sep, 2009 at 19:21 in FEATURED, Markets & Revenue Growth | viewed times | View Comments
Early on Wednesday, bullion surges a high of $1,010 as the dollar index hit a one-year low, encouraging the metal’s demand as an alternative investment. Spot gold was trading at $1,007.55 an ounce today, compared to the US notional... (Continue reading)
Forex trends: sterling gains versus majors
Written on 15 Sep, 2009 at 19:37 in FEATURED, Markets & Revenue Growth | viewed times | View Comments
Tuesday, during early Asian deals, the British pound strengthened against its major counterparts, jumping to a 4-day high against the yen, as the house prices in UK rose in August for the first time in two years, suggesting that... (Continue reading)
Forex trends: yen hits multi-day lows
Written on 15 Sep, 2009 at 19:35 in Markets & Revenue Growth | viewed times | View Comments
During Tuesday early Asian session, the Japanese yen slumped to a 4-day low against its key counterparts as a gain in most Asian stocks prompted investors to borrow money from Japan to buy higher-yielding assets. The Japanese stock market... (Continue reading)
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- Forex trends: yen hits multi-day lows
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