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Majore Currencies

Discussion in 'Forex Daily News & Outlook' started by honeyks, Aug 9, 2010.

  1. honeyks

    honeyks New Member

    Feb 26, 2010
    Likes Received:
    by http://onlinetradingttips.blogspot.com/

    how global the financial crisis affects every major currency. Australian dollar is optimistic on keeping itself from recession. Although, reports are showing very slow come back from big blows. Unemployment rise with the loss of approximately 18,000 jobs. Business confidence is still down, record low, as well as consumer confidence. Good news is unheard for except for the slight increase in risk appetite. If this risk appetite is not sustained, Australia may face the recession sooner than expected.
    The Japanese Yen recently lost track of the movements of the over risky assets. It has shown no significant movement even though the price changes in over a week. Real time forex news alerts is still wondering on how long the Japanese yen will last. Their domestic spending is showing very little movement. Both consumer and business confidence shows no sign of improvement. Some good news shows capital spending on safe investments that has at least break even results.
    Euro, on the other hand, is showing promising signs of slight improvement. Though, there is no clear picture of the improvements, some would imply that it will come from stabilizing the Euro. This is a small step up if one is to consider the broader Euro zone. Business and consumer sentiment is still said to be bleak. The eyes are still focused on the financial market, whether they are to take the risks or not. Real time forex news alerts are sure to be hanging on to any news for Euro.

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