Currency Trading

Here is a summary of the latest currency news articles from the blogosphere:

Dollar gets lift from data, weaker crude oil – MarketWatch – Dollar gets lift from data, weaker crude oil MarketWatch – 2 hours ago It was at 72.860 in late North American trading Thursday. “While some consolidation may be seen, we look for the US dollar to be generally firm in the weeks …

Yen Falls as Orders for US Durable Goods Unexpectedly Gained … – wrote Mansoor Mohi- uddin, a Zurich-based strategist at UBS AG, the world’s second- largest currency trader, in a research note today. … Dollar pares gains vs. euro, slips vs. yen MarketWatch An Overview of the World’s Main Currencies …

South African Rand Rises Against Euro for Second Straight Week … – Since the latest increase in borrowing costs, the currency has offered the best carry-trade return against the dollar, euro and yen. … South African Rand Rises Against Dollar for First Day in Three Bloomberg …

* Gold ends higher as stocks weakens despite oil losses – guardian … – “Gold is still taking its lead from the external drivers of currency movements and oil price movements,” said Suki Cooper, analyst at Barclays Capital. … The Daily Resource 07/25/2008 International Business Times …

Pound up against euro (AFP via Yahoo! News) – The pound continued to climb against the euro Friday after second-quarter GDP came in at a quarterly rate of 0.2 percent, just below expectations for a 0.3 percent rate.

US dollar mixed against Latin American currencies – RTT News – US dollar mixed against Latin American currencies RTT News, NY – 1 hour ago The US currency declined against its Brazilian counterpart during New York trading on Friday. Extending yesterday’s downtrend, the pair dropped to a fresh …

US Sharemarkets Up On Friday – Newsroom America – The price of oil fell US$2.23 in trading in New York to close at US$123.26 per barrel over falling demand. In currency trading, the US dollar fell slightly … New Zealand Market Opens Higher After Wall Street’s Strong Run RTT News …

Australian Dollar Posts Weekly Decline as Banking Losses Mount … – RTT News. Australian Dollar Posts Weekly Decline as Banking Losses Mount Bloomberg – 4 hours ago … cycle,” Ashley Davies, a currency strategist in Singapore at UBS AG, the world’s second-largest currency trader, wrote today in a note …

Dollar Strong vs Euro – In currency news, the dollar was up again against the euro. The euro was trading at $1.5674 late Thursday vs. $1.5690 on Wednesday. The positive news for the dollar comes despite bleak economic news on the day, as a report by the …

Dollar Down vs. Euro – In currency news, the dollar was back down Friday after several days of solid gains against the euro. The euro bought $1.5715 late Friday vs. $1.5674 on Thursday. The dollar’s weakness came despite some positive economic news. …

Forex Trading: GBP/USD remains in sideways longer term, but leaning … – On the longer term GBP/USD chart the currency pair remains above the 100 and 200 day moving averages at the 1.9854 and 1.9807 levels respectively. I would expect buyers against the 1.9854 level today. read more.

Forex Trading : USD/JPY approaches resistance – The USDJPY is moving to the highs from yesterday at the 107.97 level as stocks advance and oil continues to come down The Yen crosses are also well supported today. The USDJPY and the Yen crosses have had a persistent bid in the market …

Admit it: Joining the euro was a mistake – Times Online – The cost of doing business in this country doesn’t help, of course, but our weakened position is bound up with the problems caused by our currency as its … Euro Rises Against Dollar as Liebscher Says ECB Can Raise Rates Bloomberg …