Day: December 21, 2007

December 21
2007

AUD Rises Against U.S. Dollar and Yen

Australian dollar improved its positions against U.S. dollar and Japanese yen today after the very successful Asian/Australian stock markets session and some promising report on the country’s economy. AUD/USD increased 1% — a largest gain since last Wednesday, whereas AUD/JPY gained a little more than 0.9%. The growth of the Australian dollar was sprung after the country’s stock market along with the Japanese one began to recover the losses. Report […]

Read more
December 21
2007

EUR/USD Corrects Up Before Holidays

EUR/USD played back fully the yesterday’s decline, but still ended the last week before the holiday period with a small loss. Forex market will be open despite of any holidays, but the price volatility will be low and no major movements can be expected. November personal income and spendings report turned out to be better than it was for October and not the least reason for it lies […]

Read more