The Aussie rebounded after losing versus most of
AUD/USD traded at 0.9053 as of 00:09 GMT from a previous rate 0.9034 when markets opened Sunday evening.
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The U.S.
Click to continue reading “Dollar Benifits From Chinese Lending Requirements”
The Norwegian krone was affected today as the crude oil, the nation’s chief export, had a decline on its rates after China imposed new lending requirements for banks in the country, affecting markets’ sentiment, consequently impacting stock markets and demand for
USD/NOK traded at 5.6518 as of 19:08 GMT from today’s opening rate of 5.6174.
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The kiwi dollar struggled on Friday enabling the pound to jump 1.4%, briefly nearing the 2.30 level, as risk appetite in the market waned.
Click to continue reading “The kiwi retreated at the end of last week on a rise in risk aversion”
The dollar strengthened, consolidating after broad selling on the back of data showing strong US growth, gaining over a cent on the single currency.
The greeback pulled back from its sharp sell-off on Thursday, as weak US economic data spurred a return to risk aversion.
Click to continue reading “Dollar was buoyed at the end of last week as risk appetite waned”
The pound edged higher, achieving its biggest weekly advance against the euro since January, as signs pointed to the UK economic recovery talking hold.
Click to continue reading “Euro / dollar remains under pressure”
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