221649 Resource 128460 120646 120646 1230125851220 1230126001652 Controlled Pre-Christmas Forex News Roundup

Some of the currency market stories today

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Right now, the biggest<span style="font-weight: bold;"> forex news</span> is that risk appetite is out. Hardly anyone wants to take a risk today, ahead of the Christmas holiday. As a result, consolidation is the name of the game today. Here are some other quick tidbits of what is happening on the <span style="font-weight: bold;">currency market</span> today:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><ul><li style="font-family: verdana,arial,helvetica,sans-serif;"><font size="2">Yen is gaining against the <span style="font-weight: bold;">U.S. dollar</span> as falling equities make the yen attractive as a safe haven.</font></li><li style="font-family: verdana,arial,helvetica,sans-serif;"><font size="2">U.S. dollar dropping against <span style="font-weight: bold;">euro in forex trading</span> as economic data in the U.S. continues to show weakness.</font></li><li style="font-family: verdana,arial,helvetica,sans-serif;"><font size="2">Euro approaching parity with the U.K. pound as sterling feels the pressure from a worsening <span style="font-weight: bold;">economy</span>.</font></li><li style="font-family: verdana,arial,helvetica,sans-serif;"><font size="2"><span style="font-weight: bold;">Russian ruble</span> is devalued <span style="font-style: italic;">again</span> as the financial situation in Russia continues to deteriorate.</font></li><li><font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Swap deals with Japan, China and the U.S. help the South Korean won make some gains in <span style="font-weight: bold;">currency trading</span>.</span></font><br /></li></ul> 9 application/xml false currency market currency trading economy euro forex trading forex news forex trading Russian ruble swap deals U.K. pound U.S. dollar Forex news, information and tools http://www.gftforex.com/land/index.asp?aid=446 <script type='text/javascript'>reddit_url='http://forex.gftforex.com/public/item/221649'</script> <script type='text/javascript'>reddit_title='Pre-Christmas Forex News Roundup'</script> <script type="text/javascript" src="http://www.reddit.com/button.js?t=2"></script> Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.5) Gecko/2008120121 Firefox/3.0.5 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 128460 blog blogsite/GFTForex/web