DALLAS COMPANIES - Daily Forex Overview - FXStreet.com DALLAS COMPANIES - Daily Forex Overview - FXStreet.com

Tuesday, January 27, 2009

DALLAS COMPANIES - Daily Forex Overview - FXStreet.com

On Monday, the euro reversed the previous week's losses against the dollar and yen on a bounce in equities markets and after the release of some positive U.S. data, which encouraged traders to buy up riskier currencies. The rally got under way after in Dow Jones News >

LONDON, Jan 27 (Reuters) - European shares fell by midday on Tuesday as investors took profits following Monday's gain of more than 3 percent, with energy stocks the biggest losers on the index. By 1136 GMT, the pan-European FTSEurofirst 300 index of in Dow Jones News >

Jan 27 - Short-Term Forex Technical Outlook: EUR/CHF Jan 27 - Euro Extends Gains against the US Dollar - Will IFO Survey Slow Momentum? (Euro Open) Jan 27 - A Decline German Business Confidence Would Conflict With Bullish Euro Technical Outlook Jan in Dow Jones News >

LONDON, Jan 27 (Reuters) - The euro ceded earlier gains after hitting a one-week high versus the dollar and the yen on Tuesday after a surprise rise in German corporate sentiment, with bleak underlying economic conditions reasserting themselves in Dow Jones News >

Jan 27, 2009 (LBO) - Sri Lanka's Central Bank said the government will pay a 20 percent bonus interest in rupees on the interest earned on foreign currency deposits in banks from February 1. The move is part of efforts to promote inward remittances in Dow Jones News >

The USD gave back overnight gains as the Greenback failed to follow through during New York trade; at the close the majors are all better on the day but off their highs suggesting lots of two-way action and a potential short-squeeze underway. US data in Dow Jones News >

The euro surged to a high of 1.331 against the greenback following a rebound in the German IFO survey, but the intraday rally was short lived as the current account deficit widened to 16.0B from a revised reading of 6.0B in October. Fading demands in Dow Jones News >

LONDON, Jan 27 (Reuters) - The euro hit a one-week high versus the dollar and the yen on Tuesday on a surprise rise in German corporate sentiment, while easing risk aversion kept the Japanese currency under broad selling pressure. German's Ifo in Dow Jones News >

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