Forex News and Rumors

Aussie Dollar Continues to Lose

The Royal Bank of Australia bought nearly 2 billion USD worth of its own currency in a bid to support the faltering Australian dollar. More

Canadian Dollars Bounces Back After Losing 2% Yesterday

Rising oil and commodities prices has buoyed the Canadian dollar today gaining 1.7 percent by 7:00 am New York time. More

US Automakers Still Need to Prove Their Case

GM, Chrysler, and Ford have been given until December 2nd to provide a plan outlining how they would use any bailout they receive and how they would change their business practices to trim waste and become more competitive. More

Stock Markets Move to Positive Territory in Asia and Europe

After a wave of late-day pessimism swept North American markets yesterday pulling the DOW down by 5.56 percent and the TSX by more than 9 percent, markets in Asia and Europe have rebounded giving hope that North America could follow suite. More

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