(eToro Blog) The U.S. Federal Reserve took center stage this week as markets focused on their response to an improving economy despite headwinds generated by a global slowdown in general, and specifically, from the Eurozone’s ongoing problems. In the end, the Fed promised that the low interest rates that they h
Aussie is getting a boost today, amidst concerns plaguing other currencies around the world. Australian dollar is moving higher, with a little help from higher gold prices, as well as comparisons to other currencies.
The Swedish krona climbed today against most major currencies after a report showed that confidence on Swedish households improved this month, reducing probability of a next interest rate cut by the nation’s central bank.
Euro is struggling this morning, thanks in large part to weak sentiment data. Losses have been limited, though, by the information out of the United States about what could happen next with the Federal Reserve. As a result, the euro is hovering around the level of its open, and struggling to move much higher.
The Great Britain pound rose today against the US dollar after a report showed that confidence of Britons unexpectedly improved last month, muting speculations about quantitative easing from the Bank of England. The currency was down against the Japanese yen.
(eToro Blog) With the news yesterday that the Federal Reserve intends to keep a watchful eye on the U.S. economy with a view to providing additional accommodation only as and when needed,
(eToro Blog) With the news yesterday that the Federal Reserve intends to keep a watchful eye on the U.S. economy with a view to providing additional accommodation only as and when needed,

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