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What’s next for the Dollar? »
What’s next for the Dollar?
Tue, Feb 2 2010, 14:49 GMT
The Federal Reserve’s Open Market Committee (FOMC) is sticking to its course for phasing out the additional purchases of Mortgage Backed Securities (MBS). Notably however, in its statement released January 27th, reference to an improving housing market was omitted after recent bad [...]
The U.S. dollar continues to hold firm »
Daily U.S. Forex Summary
The U.S. dollar continues to hold firm
Thu, Jan 28 2010, 06:26 GMT
U.S. dollar
continues to hold firm, climbing to fresh 6-month highs against the euro, as investors shied away from riskier assets on concerns about China tightening lending and U.S. monetary and political wrangling.
[...]
The U.S. dollar slightly changed ahead of important U.S. reports »
The U.S. dollar slightly changed ahead of important U.S. reports
Fri, Jan 29 2010, 12:11 GMT
by ecPulse.com analysis team
The green currency slightly changed on Friday before the release of GDP for the fourth quarter advanced reading in the U.S., Chicago PMI and confidence report. The U.S. economy is predicted to show [...]
Dollar gains against euro, falls against pound and yen »
Dollar gains against euro, falls against pound and yen
Wed, Jan 27 2010, 18:58 GMT
by ecPulse.com analysis team
The world’s leading currency managed to gain against the Euro but fell against both the Yen and the Pound, trading at five week lows against the Yen before the FOMC rate decision whereas expectation [...]
Air of panic sends dollar running rampant »
Tue, Jan 26 2010, 14:26 GMT
The enactment of a previously announced rise in the
reserve ratio requirements at China’s banks has created a bearish tone for risk
on Tuesday sending equity prices back down and raising the self-worth of the
dollar. Weighing on sentiment is a downgrade to the outlook for Japan’s
sovereign debt and a [...]
The Australian dollar is largely range-bound ahead of a national holiday tomorrow »
Tue, Jan 26 2010, 08:31 GMT
A mixed bag of economic data last week has left market participants with much to mull over, while calling into question the strength—and even reality—of the ostensible economic recovery: PPI (0.2% in Dec. vs. 1.8% prior; Housing Starts (557K in Dec. vs. 580K prior; Initial Jobless [...]
The dollar and yen slide ahead of U.S. data »
The dollar and yen slide ahead of U.S. data
Mon, Jan 25 2010, 11:42 GMT
by ecPulse.com analysis team
The U.S. dollar and Japanese yen slipped today against majors ahead of the release of U.S. existing home sales for December amid tranquility in markets due to lack of important fundamentals from major economies. [...]
The U.S. dollar rose vs. most major currencies »
Daily U.S. Forex Summary
The U.S. dollar rose vs. most major currencies
Thu, Jan 21 2010, 08:24 GMT
U.S. dolla
r rose vs. most major currencies as a fall in global equities and commodities encouraged investors towards safe-haven assets. Steps taken by the Chinese government to limit bank [...]
Pound Surges Onwards, Dollar Strong on Politics »
Pound Surges Onwards, Dollar Strong on Politics
Thu, Jan 21 2010, 09:10 GMT
Bank of England voted unanimously to hold rates at 0.5%
Political intrigue in the US and a continuing recovery in the UK jobs market were the main themes in currency markets as the dollar and pound kept up their recent [...]
Analysts project the dollar to lose momentum »
Wed, Jan 13 2010, 19:42 GMT
by ecPulse.com analysis team
Investors await the release of Fed’s beige book where it is expected to show the improvement witnessed in the manufacturing, housing and services sectors, in addition to slight improvement in economical conditions in the labor sector. Therefore due to these expectations the world’s [...]