why is the pound rising today 2 april 2009

Wall street advances on commodities and banks, EUR and GBP consolidating highs

FXstreet.com (Barcelona) - US stocks are rising for second consecutive day on gains in energy and financials shares after opening down after today's worse then expected housing data. EUR and GBP are consolidating high levels.Dow Jones industrial average is advancing 0.27%, consolidating positions above the 8,500 pts level. S&P 500 gains 0.46% and Nasdaq is rising 0.27%. Housing starts fall to a 458k annual rate in April from 530k annual rate in March. Market expectations was a April decline to

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Commodities pairs rise on the board, AUD/USD reaches 7-months hight

FXstreet.com (Barcelona) - AUD/USD has reached 7-months high at 0.7615 in the early American session after rising 1.30% so far today. The pair is currently trading at 0.7560. USD/CAD is trading above 1.1700 level after rising 0.40% so far today and NZD/USD is close to 0.6000 key level after rising 1.00% on the day.Commodities currencies are the overall winners this days, as Australian dollar reached a fresh 7-month high at 0.7615 after better than expected employments situation released past Asian

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Pound Shows Modest Strength Despite Rising Risk Aversion

(CEP News) - The pound is under pressure but holding up better than its counterparts against safe haven currencies like the U.S. dollar and Japanese yen.The pound is mixed, trading down against the U.S. dollar, but trading up against the Canadian dollar, the euro and the Japanese yen. GBP/USD traded in a two-cent range today against the U.S. dollar, hitting a session high of 1.4312 USD and a low of 1.4125 USD. The cross appears to be stuck in the

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Wall street advances on commodities and banks, EUR and GBP consolidating highs

FXstreet.com (Barcelona) - US stocks are rising for second consecutive day on gains in energy and financials shares after opening down after today's worse then expected housing data. EUR and GBP are consolidating high levels.Dow Jones industrial average is advancing 0.27%, consolidating positions above the 8,500 pts level. S&P 500 gains 0.46% and Nasdaq is rising 0.27%. Housing starts fall to a 458k annual rate in April from 530k annual rate in March. Market expectations was a April decline to

consolidating elliotwave - canadian dollar rising april 2009 - uk pound rising april 2009

Forex: Dollar will be higher in the long term, says Wachovia

FXstreet.com (Barcelona) - The Greenback will trend higher against the rest of the majors in the foreseeable future, says Jay Bryson, Global Economist at Wachovia, as the United State will show signs of recovery before most other economies.On April, EUR/USD has fallen 1.41% from 1.3256 opening price in April the 1st, GBP/USD is rising 1.94% from 1.4360 opening monthly price, USD/JPY falls 1.49% from 99.33 and USD/CHF advances 1.47% since 1.1391 opening April price.Bryson affirms: Our views on the near-term

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Commodities pairs rise on the board, AUD/USD reaches 7-months hight

FXstreet.com (Barcelona) - AUD/USD has reached 7-months high at 0.7615 in the early American session after rising 1.30% so far today. The pair is currently trading at 0.7560. USD/CAD is trading above 1.1700 level after rising 0.40% so far today and NZD/USD is close to 0.6000 key level after rising 1.00% on the day.Commodities currencies are the overall winners this days, as Australian dollar reached a fresh 7-month high at 0.7615 after better than expected employments situation released past Asian

level of unemployment in chicago is high - australian dollar rising why - american dollar rising to gbp