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Forex Breaking News – Dollar hits new record low against yen

Posted on October 26, 2011 10:16 am GMT

Dollar hit a new record low against yen, falling to 75.70 at 10:03GMT, breaking past yesterday’s low of 75.73.
Investors selling off the US dollar on speculation that the Federal Reserve will opt for more monetary easing. Also demand for […]

Breaking Forex News – Euro recovers after reports of cancellation of EU Summit are dismissed

Posted on October 25, 2011 2:14 pm GMT

The euro extended losses against the dollar as rumours swept around that the European Union summit has been cancelled . News has just come in to confirm that the 27-EU country leader’s summit is still on but only the […]