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Day: April 20, 2012
April 202012
US Dollar Pulls Back as Risk Appetite Returns
Risk appetite is making a comeback in the markets today, and that is sending the US dollar mostly lower. The dollar index is losing ground, and the greenback is lower against many of the majors, especially the European currencies. With better earnings news out of the United States, and with better news in the eurozone, Forex traders are ready for a little risk. US dollar is pulling back as Forex traders look for better returns, […]
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April 202012
Aussie Mostly Soft as Week Draws to a Close
Australian dollar is mostly softer as the week draws to a close. Aussie has been weakened this week by risk aversion and concerns about what’s happening in the eurozone. Also, recently, the news out of China has been somewhat disappointing, and that has been weighing on the Aussie as well, since the Chinese economy is a major support to the Australian economy. Aussie is higher against the US dollar today, gaining as a measure of risk appetite […]
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