Barbara Zigah | TalkMarkets | Page 25
Journalist, Author, Blogger
Contributor's Links: Daily Forex
Barbara Zigah is a freelance journalist living in Ghana, who specializes in Forex-related content; her online work has appeared in the IB Times, NASDAQ, TalkMarkets, Benzinga, and Seeking Alpha. Barbara was awarded a B.Sc. degree in Finance from the University of Maryland many many years ago (she ...more

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Fed Insight Eyed As Markets Gauge Dollar Direction
As reported at 10:45 am (GMT) in London, the EUR/USD was trading flat at $1.1018; the range today has been from a low of $1.1005 to $1.1039. The USD/JPY was up at 112.2370 Yen, a gain of 0.15%.
Market Jitters Continue To Sink Sterling
In only the past few days, the Pound Sterling has lost nearly 3% of its value relative to the US Dollar, and could close out the week as Prime Minister David Cameron’s worst in his six years in office.
EUR/USD Falls As German Data Disappoints
With Germany considered the “workhorse” of the Eurozone, concerns from the manufacturing sector there would weigh heavily on the Eurozone’s economic outlook.
Growing Brexit Fears Weigh On Pound Sterling
Currency strategists say that the crowd in favor of the “Brexit” had been hoping to get a “name” to join them. The inclusion of the Mayor of London, Boris Johnson, has given them a chance to acquire the spotlight ahead of the public referendum.
Data Tanks Aussie Dollar
The Aussie Dollar was the major loser in the FX markets today after the latest global economic data indicated that growth was still a problem for the second largest economy in the world.
Yen Marches Higher As Risk Market Ebbs
The Japanese Yen and the common currency Euro both made headway against the US Dollar after demand for higher risk assets dissipated. The US Dollar had earlier recovered ground, gaining nearly 3% versus the Yen.
Yen Broadly Higher As Market Jitters Grow
Demand for the Japanese Yen was significantly higher during the Asian trading session which helped push the currency up 2% versus the greenback; largely a factor of the escalation of markets’ concerns over the general health of the global economy.
Dollar Pressured As FX Trade Awaits Fed Decision
The US Dollar Index remained near to a multi-month low versus a weighted basket of peers as traders await the outcome of today’s Federal Reserve Bank policy meeting.
Euro Pressured As Worries Intensify Over EU Health
The Euro continues to underperform despite the recent demand as a carry trade currency.
Dollar Uncertainty Keeps Gains At Bay
After Friday’s labor report from the US, the greenback today is once again under some pressure. While new private sector jobs growth fell in January, missing analysts’ expectations, the unemployment rate dipped to an 8-year low.
Dollar In The Dumps After Data And Dudley
The US Dollar was under pressure after speculation on the Fed’s outlook for interest rates deteriorated. The US Dollar Index, which traders use to assess the greenback’s relative weight against major peers, fell to a 2-month trough.
Drive For Japanese Yen Ongoing
The Japanese Yen inched higher during the Asian trading session, helped along by yet another decline in the price of oil which weighed on sentiment in risk appetite.
Kiwi Dollar Pressured By China News
As reported at 11:16 am (GMT) in London, the NZD/USD pair was trading at $0.6468, down 0.16%. The USD/CAD pair was trading C$1.4031, a gain of 0.31% for the greenback; the pair ranged from C$1.3971 to C$1.4058.
Oil Prices Boost Aussie, Kiwi And Loonie
The jump in oil prices to above $33 per barrel helped to lift commodity-linked currency pairs which included the Aussie and Kiwi Dollars, as well as the Canadian Loonie.
Aussie And Kiwi Dollar Lifted By Upbeat Data
The Australian Dollar touched on a 3-week peak against the US Dollar.
Safe Havens Sought As Worry Consumes FX Trade
Safe haven demand rose in Tuesday’s trading after yet another rout in oil prices sent investors fleeing away from commodity linked currencies.
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