FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.2804. Euro managed to post impressive gains today, following risk appetite since early Europe: stocks ...See all stories on this topic »
Forex: EUR/USD firm above 1.2800
Source: www.google.com
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Real money active on latest dollar slide
Dealers note strong buying of cable from the 1.6550 level all the way up through 1.6600 and the pound remains underpinned.The demand seemed to come under duress, traders say. This means the buyer really wanted them cheaper but was forced to pay up to cover his exposure, just like us mere...
Michael’s Stores Files for IPO, Planning to Raise $500 Million
Arts and crafts retailer Michael’s has filed with the U.S. Securities and Exchange Commission for an initial public offering. Michaels...
Question from a novice
I have been studying forex for 6 months and trading for 3. I understand the concept of risk aversion/risk appetite. Stocks become unattractive, demand for safe haven currency rises. I understand this concept, however I am not clear on how this works. It seems when asian markets dive the yen...
Analyst Moves: AMAP, CHK
AutoNavi (AMAP) was downgraded today by Jefferies (JEF) to hold from buy with a price target of $12, as the company’s business is...
Real money seen buying SEK
Not sure if this is a sign of anything more than a one-off flow, but traders say a large custodial bank is a high profile buyer of Swedish Krona today. Sweden has been in the spotlight in recent days given large exposures to Latvia by Swedish banks. Perhaps the SEK is a vote of confidence that the...