Forex News
The dollar rose to a six-month high against the euro on Wednesday on concern over the fiscal health of some euro zone states and with investors cautious ahead of a policy announcement from the U.S. Federal Reserve.
The dollar rose to a six-month high against the euro on Wednesday on persistent worries over Greece's fiscal problems and as investors were cautious ahead of a policy announcement from the U.S. Federal Reserve. European shares fell and U.
The dollar rose on Tuesday after China told certain banks to raise reserve requirements, dulling investor demand for high-yield assets and currencies on fears the lending restrictions may slow a global recovery.
The dollar and yen rose on Tuesday after China implemented a planned increase in required reserves for some banks, prompting investors to close trades funded by the two currencies.
Sterling rose against the euro on Tuesday on expectations data would show the UK economy emerged from its worst recession in more than 50 years. Economists polled by Reuters expect the UK economy to have grown 0.
The dollar fell against the euro and yen on Friday as investors exited risky trades, unnerved by U.S. President Barack Obama's proposals to limit risk-taking by U.S. banks.
Dealers' desk forex news is provided by OzForex Pty Ltd.
