EURGBP- The cross extended its downside pressure the past week selling off strongly and paving the way for further...
The exchange rates (or foreign-exchange rate, forex) between two currencies specify how much one is worth in terms of the other. The global financial crisis, inflation, deficit, and trade all effect exchange rates. This topic covers that latest news on exchange rates and how they affect the whole business scenario.
Exchange Rates is part of Business Exchange, suggested by mahendra dash. This topic contains 3,672 news and 348 blog items. Read updated news, blogs, and resources about Exchange Rates. Find user-submitted articles and reactions on Exchange Rates from like-minded professionals.
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EURUSD: The pair pulled back the past week but continues to hold on to its broader downside bias triggered from the 1.
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GOLD: GOLD remains lower as it continues to look weak and vulnerable to the downside.
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US Dollar Index: The Index remains biased to the downside as long as it continues to hold and trade below the 80.
GBPUSD: A third day of upside on recovery is now underway. This suggests that we could see further upside towards the 1.
EURGBP- With EURGBP holding firmly above the 0.8224 level, the risk is for more upside offensive to occur.
USDCHF: With the pair continuing to look vulnerable despite its recovery attempt the past week, a return to the 0.
EURUSD: EUR remains week and vulnerable to the downside with further decline likely in the new week.
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EURUSD: EUR triggered a correction and closed higher the past week, wiping out its previous week losses.
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USDCHF: With the pair reversing its previous week losses and triggering a resumption of its medium term uptrend, the...
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EURUSD: The pair rallied sharply to close higher on Thursday. However, we will have to see EUR return above the 1.
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EURUSD: The pair continues to maintain its upside bias triggered from the 1.2744 level though hesitating.
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