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Better Data Boosts Risk Appetite, Sending US Dollar Lower

US dollar is moving lower right now, thanks to improved risk appetite. Most of that risk appetite is coming from enthusiasm over better data in the United States. Improvements to the US economy are helping high beta currencies, even after continued disappointment in Europe and China. (...)Read the rest of Better Data Boosts Risk Appetite, Sending US Dollar Lower (121 words) Posted on Forex News.

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EUR Looking For Conviction

After a three-week and $3t financial market sell-off, measures of risk show the global investor are assuming a return to stability, and with it a level of confidence that some believe could ?be horribly misplaced.? Asset classes from commodities to equities are moving in tandem to a degree not seen in nearly two-years, while risk aversion currencies such as yen and defensive stocks like utilities, which have usually joined the rout, seem absent this time. Market measures of volatility remain...

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US Dollar Turns Higher

US dollar is moving higher today, gaining now, even as it lost some ground earlier. It’s true that US dollar has been somewhat flat today against other majors, but it was falling against the euro at one point. Now, though, the greenback has the upper hand again as uncertainty takes center stage and Forex traders begin looking for a little safety. (...)Read the rest of US Dollar Turns Higher (143 words) Posted on Forex News.

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Aussie Gets a Boost Amidst Concerns

Aussie is getting a boost today, amidst concerns plaguing other currencies around the world. Australian dollar is moving higher, with a little help from higher gold prices, as well as comparisons to other currencies. (...)Read the rest of Aussie Gets a Boost Amidst Concerns (137 words) Posted on Forex News.

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