Daily Foreign Currency Exchange News

Daily Fx- Foreign Currency Exchange News: 29th November, 2010

This morning as we write the European stocks have opened modestly higher as the market reacts to the news of Irelands rescue package. FX-foreign exchange dealers are still left wondering whether further euro zone nations will need bailing out and tension in Korea is likely to hit sentiment. On a positive note Mortgage approvals for October in the UK came in slightly higher than expected at 47.2k and beat the expectations of 42.0k

Euro: The EUR/USD has been on the move overnight with highs at 1.3357. Against the yen, the euro was at JPY 111.24 from JPY 111.42 and it is widely speculated that the euro will keep falling on this front as well.

Pound: The Pound sterling is still high against the dollalr and the euro as investors look for an alternative currency to the two troubled currencies.

US Dollar: The USD has started well and remains the currency of choice at the moment. it started USD/JPY just above 84.00 with the next target at 85.00

We report on the current currency exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best currency exchange rates available today through FX-ForeignExchange,0044 (01480)458400

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Global Currency Exchange News Report

Daily Foreign Currency Exchange News: 18th November, 2010

This morning talk amongst foreign exchange traders is that the European stocks are expected to open higher this morning as fx-traders look closely at the talks between the European Union, the International Monetary Fund and the Irish Politicians. The arrival of these teams has helped to hold the Euro up as the market hopes for a positive solution to the problem. Many of the Foreign Exchange dealers feel however that the main reason for the rebound in the Euro is down to the economy in the US. Another day for us all to watch and wait!

Euro: The Euro rose against the dollar overnight in Asia as investors slowed down on the euro selling. We can only think that for the time being worries about Irelands problems have slightly subsided.

Pound: The Pound has remained fairly flat throughout the overnight Asian sessions despite the weakness in the dollar. It seems that the pair has been limited by the rise in the EUR/GBP that has a four day high at the 0.8540 zone. So far today the GBP/USD has reached a high of 1.5920.

US Dollar: The dollar has been supported overnight by purchasing orders from Japanese importers but talk from fx-dealers is that the USD is likely to weaken in the European market today. If the USD/JPY breaks below the JPY83.00 it is thought that the dollar may fall towards JPY 81.50.

We report on the current foreign exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best foreign exchange rates available today through FX-ForeignExchange,0044 (01480) 458400

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Global Currency Exchange News Report

Daily Global Foreign Currency Exchange News: 5th November, 2010

At the time of writing the Global Foreign Exchange report there is a differing emphasis amongst the majors and the European stocks are expected to open higher today after stock markets in the US and Asia surged forward following the Federal Reserve’s announcement that it would spend USD 600 billion to boost the anemic US economy. Financial markets in Singapore, India and Malaysia are also closed due to Public Holiday.

Euro: Overnight the EUR/USD holds around the 1.4200 support area where it is 10 pips lower since opening.

Pound: The GBP rose one 1% against the dollar to hit a 9 month high after the Bank of England announced that they had no plans to change its current asset purchasing program.

US Dollar: The USD/JPY dropped to a session low around 80.65 after the Bank of Japan made its statement that kept interest rates at 0 -0/1%. However, overnight the pair quickly reversed and bounced back towards the 80.80 area.

We report on the current foreign exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best foreign exchange rates available today through FX-ForeignExchange, 0044 (01480) 458400

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

FED Decision within 24 hours

Daily FX-Foreign Currency Exchange News: 3rd November, 2010

As we write this morning talk amongst the fx- foreign exchange dealers is on the event that we have all been waiting for. In less than 24 hours, the Fed Open Market Committee will have concluded its two day meeting and announce the decision they have reached this in turn has seen the fx currency market little changed in overnight trade as we all sit and brace ourselves.

Euro: The Euro managed to close a bar above the 1.4000 level against the dollar and was solidly rallying up 0.6% against the dollar and 1.1% against the yen.

EUR/USD is backing away from the highs in the Asian market as investors remain cautious ahead of the FED Monetary decision. As we write EUR/USD is quoting at session lows around 1.4010.

Pound: The GBP has remained fairly static and has drifted sideways below 1.6050 to the USD.

US Dollar: The dollar was mostly low against major currencies yesterday and overnight and this was due in some way to the Reserve Bank of Australia’s surprise rate hike which helped to heighten appetite.

Australian Dollar: The USD/AUD remains under moderate pressure after the much worse than expected building approvals but as we write bids on dips are appearing.

We report on the current foreign exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best foreign exchange rates available today through FX-ForeignExchange, 0044 (01480) 458400

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.