Thursday, June 21, 2012

Daily Forex News: GBP rebound, JPY gains against USD but lower against EUR and GBP, AUD gains against JPY

Latest update from the Fed, FOMC monetary policy announcement. This rebound comes after losses due to Bank of England minutes. British Pound is ready to come roaring back against the US dollar, even as it looks for stability against the euro single currency

Meanwhile, from Tokyo Stock Exchange, JPY Japanese yen is mixed in Forex trading today, gaining against the US dollar, but moving lower against the euro and the UK pound. Yen received a boost earlier as traders bought on its attractive levels, but the Japanese currency has since pared some of its gains against the US dollar and pulled back against the euro

From Kiwi's daily forex news, The New Zealand dollar fell today on renewed concerns about debt problems in countries of Europe, particularly Spain. The losses were trimmed as anticipation of a third round of quantitative easing from the US Fed lifted traders' and investors mood

Daily forex news from Rio Brazil, The Brazilian real gained today against the US dollar as speculations that the US Federal Reserve would stimulate the economy bolstered riskier assets, weakening the US currency at the same time

Latest daily forex news from Sidney we reporting, AUD Australian dollar rose against the Japanese yen and the US counterpart, though retreated versus the euro, as risk appetite again reappeared among Forex traders after Spain met its target on a debt auction and amid speculations about quantitative easing from the Federal Reserve, another quantitative easing will brings economic growth well

Daily forex news for greenback, US dollar is heading lower today, losing ground as concerns about the eurozone fade a bit. Also weighing on the greenback is the possibility that the Federal Reserve will announce more stimulus, weakening the US dollar further in the hopes of providing a boost for the economy

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