Daily forex news for today, UK pound is losing ground today, even though the good news out of China is providing a little bit of support. For the most part, Forex traders are in wait and see mode, with no major economic data out of the United Kingdom expected for the rest of the week, and with low volume in general, stemming from holidays in the United States and Japan
Daily forex news from Ontario Canada, Trade has been relatively quiet today, with US markets closed for the Thanksgiving holiday. However, in the Forex market there has been a measure of risk appetite. The Canadian dollar does not seem to be benefitting from that appetite, though, thanks to latest retail sales
The Chinese yuan went higher today after a report showed that China's manufacturing expanded for the first time in a year, suggesting that the Asian economy may avoid "hard landing"
Eurozone 17 nation currency, Euro advanced today, rising for the second session versus the Japanese yen, as signs of improving manufacturing in the eurozone added to hopes about today's summit, resulting in a positive market sentiment
From USD currency, The US dollar was soft at the beginning of today's trading session on hopes that Greece will receive an aid after all. The positive fundamental data from the United States added to the weakness of the greenback. The currency trimmed its losses though and may yet rebound
From African, The South African rand fell today as the delay of a bailout for Greece sparked risk aversion on the Forex market. The currency stayed weak after nation's inflation unexpectedly accelerated
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