Thursday, November 1, 2012

Daily Forex News: EUR, GBP, AUD and CHF All Post Gains Against US Currency

Finally Wall Street reopens after shut down
A higher opening on US equity markets quickly fizzles out as traders return to work after the first weather-related two-day shutdown for more than a century

Latest daily forex news, US Dollar falls as risk appetite improves, The euro, pound, Aussie and Swiss franc all post gains against US currency, helped by better-than-expected corporate earnings in Asia and Europe

From stocks info, BG warning wipes out FTSE gains, A surprise warning of flat 2013 production levels at BG Group takes shares in the oil and gas company on a dizzying run lower

Meanwhile, CLS in discussions over renminbi, Potential move is part of a broader push by operator CLS Bank International into cutting systemic risk in currencies trading over the next decade

From European bourse news, Europe's bourses rally as profits impress, Positive corporate earnings from groups including Lufthansa drown out most of the negatives, sending European markets higher for a second session

Finally Bank of Japan deflation statement lifts Nikkei, Asian stocks rise after a number of better than expected earnings lift sentiment with Japan's Nikkei adding 1% as risk appetite returns

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