Friday, November 9, 2012

Canadian Dollar and Japanese Yen is Higher Against Many Other Major Currencies

From Britains forex news, The Bank of England maintained its main interest rate and the size of the asset purchase program today. That allowed the Great Britain pound to gain against the euro and to erase gains versus the US dollar. The currency remained weak against the Japanese yen

From New York forex news, US dollar is mixed against major currencies today as markets look for direction after yesterday's rout of risk assets. Today, there has been some measure of recovery, but there are still enough doubts to help the greenback in some cases

From Ontario forex news we reporting, Canadian dollar is fining some support today as risk appetite makes a cautious reappearance in the markets. CAD is inching higher against many other major currencies, thanks to a little more optimism, and some strength.

From Sidney forex news, The Australian dollar jumped against its New Zealand peer as the employment report from Australia was much better than the data from New Zealand. The Aussie retreated against the Japanese yen amid the risk-negative market sentiment and was flat versus the greenback

Meanwhile, AUD Gains on NZD on Employment Data , Tokyo forex news, The Japanese yen gained today, extending yesterday's rally, amid concerns about the situation in Europe and after Barack Obama won the US presidential election, spurring talks about the danger of the fiscal cliff

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