Riskier Assets In Demand; Europe Debt Worries Remain

Investors raised their appetite for riskier assets during yesterday’s trading, but still avoided European and British currencies because of debt worries. The big gainers yesterday were the AUD and CAD, both currencies are linked to commodities, in particular crude oil. Crude oil had recently gained in positive momentum, although it closed slightly lower yesterday. The question remains whether the EUR and GBP will attract some of the appetite for riskier assets.[More...]

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FOREX-Yen rises broadly; Europe’s debt woes hurt euro - Reuters


Investment U
FOREX-Yen rises broadly; Europe's debt woes hurt euro
Reuters
Greece is not great, there are sufficient worries in the market concerning EMU to keep the euro 'on the back foot'," said FOREX.com analysts in a note.
WORLD FOREX: Dollar Surrenders Some Gains To Euro, UK PoundWall Street Journal


Forex: US Dollar mostly lower today as EUR/USD hovers near 1.3600CountingPips
FOREX: Euro Losing Ground to the Dollar; EUR/USD, FXELearning Markets
InvestorGuide -International Business Times Australia -Inside Futures
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Greece Debt Concerns Ease, EUR Currently Bullish

Some of the latest price movements in the EUR have reflected a growing sense of optimism in the Euro-Zone, given the mild easing of debt concerns in Greece. Switzerland also appears to be having a positive effect on the region with a recent report which showed retail sales climbing much higher than forecast last month. Investor confidence in the region also appears to have risen slightly better than was anticipated. Whether Europe can sustain this bullish momentum is yet to be seen, but so far the regional currencies appear to be holding their gains.[More...]

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US flat, Europe dips, Asia strengthens - Forexrazor

US flat, Europe dips, Asia strengthens
Forexrazor
Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to

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FOREX-Euro falls on ECB, Greek woes; dollar up broadly - Reuters


CBC.ca
FOREX-Euro falls on ECB, Greek woes; dollar up broadly
Reuters
So that helped trigger a sell-off in the euro," said Kathy Lien, director of research at GFT Forex in New York. The euro was last down 1 percent to $1.3562
WORLD FOREX: Euro's Decline Speeds On Deutsche Bank DowngradeWall Street Journal


WORLD FOREX: Euro Falls Vs Dollar After RBA Says Europe A RiskMarketWatch
CORRECT: Forex: Eur takes 120 back, clarity and associationNASDAQ
Corporate FX -Wall Street Journal -Wall Street Journal
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House Lawmakers Concerned On CFTC Retail Forex Leverage Proposal - Easy Bourse

House Lawmakers Concerned On CFTC Retail Forex Leverage Proposal
Easy Bourse
In parts of Europe, meanwhile, there are no leverage restrictions and US banks that offer retail forex trading would not be covered by the CFTC's

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Obama:”Take China “to the mat” about currency manipulation”- IT’S THE US MANIPULATING DUMMY!

We have legislation that says that if, in fact, they are manipulating their currency–and I think there’s no dispute that they are–that we need to take strong action. It’s in the Banking Committee. I will say that it’s actually a blunt tool. I’d prefer not doing this legislatively. The problem is we’ve had a president [...]

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WORLD FOREX: Euro Falls Vs Dollar After RBA Says Europe A Risk - MarketWatch


Brisbane Times
WORLD FOREX: Euro Falls Vs Dollar After RBA Says Europe A Risk
MarketWatch
may not raise its policy rate again at its next meeting," said Yuichiro Harada, a senior vice president in the forex division of Mizuho Corporate Bank.
Forex hedging on Aussie ahead of RBA hikeCorporate FX


FOREX-Pound dips, Aussie sheds post rate-rise gainsReuters
FOREX-Sterling gets little reprieve; RBA rate decision eyedAlibaba News Channel

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