Friday, December 14, 2012

Forex Trading: EUR is Struggling Against USD, The FED Put The Forex Market in a Risk-Positive Mode

Forex trading signals, Euro is a little lower right now, but the 17-nation currency has been paring some of its earlier losses. Euro is struggling against the US dollar today, even though the news should ostensibly be helping the 17-nation currency.

Britains forex trading, UK pound is struggling this morning, weighed down by a touch of risk aversion even as the CBI survey comes in with better news.

Kiwi's currency The New Zealand dollar was firm today despite negative domestic fundamentals. Yesterday's announcement of the Federal Reserve put the Forex market in a risk-positive mode, overshadowing most other news

Meanwhile, The Swiss franc erased its earlier gains versus the US dollar and the Japanese yen after the Swiss National Bank maintained the ceiling for the currency. Surprisingly, the franc managed to gain on the euro despite the unfavorable news

1 comment:

  1. forex broker, est Bid/Ask Price – Capital One Forex Price Aggregator shows the best Bid/Ask prices to trade.

    ReplyDelete