Sophie J. Fletcher

iFOREX Daily - July 30, 2013

Sophie J. Fletcher | 06:40 | 30/07/13
Investors are preparing to focus on central banks and their decisions regarding monetary policy over the days to come. The Federal Reserve Open Market Committee begins its two-day summit today, while the European Central Bank and the Bank of England ...
Sophie J. Fletcher

iFOREX Daily - July 29, 2013

Sophie J. Fletcher | 06:15 | 29/07/13
The U.S. Dollar slumped against the majority of its forex counterparts on speculation a recent flurry of soft economic reports will not suffice to convince the Federal Reserve to begin cutting back on stimulus. The greenback weakened ever since the ...
Sophie J. Fletcher

iFOREX Daily - July 26, 2013

Sophie J. Fletcher | 08:10 | 26/07/13
The U.S. Dollar traded remarkably low against several major currencies after disappointing reports showed that more individuals filed for Unemployment Claims during the week which ended on July 20th. According to the Labor Department, Jobless Claims increased by 7,000 to ...
Sophie J. Fletcher

iFOREX Daily - July 25, 2013

Sophie J. Fletcher | 06:56 | 25/07/13
The U.S. Dollar traded mixed and rallied later in the session following solid economic reports which showed that New Homes Sales surged to five-year highs last month. According to the Commerce Department, sales of new homes in the U.S. rose ...
Sophie J. Fletcher

iFOREX Daily - July 24, 2013

Sophie J. Fletcher | 06:50 | 24/07/13
The U.S. Dollar weakened against most of the majors as volatility in the foreign currency exchange dipped to a 10-week low on speculation the Federal Reserve may not increase the cost of borrowing money when it decides to scale back ...
Sophie J. Fletcher

iFOREX Daily - July 23, 2013

Sophie J. Fletcher | 07:36 | 23/07/13
The U.S. Dollar weakened further after economic data revealed that Existing Home Sales fell in June, though they remained very close to three-year highs. According to the National Association of Realtors, sales of Existing Homes declined 1.2 percent to a ...
Sophie J. Fletcher

iFOREX Daily - July 22, 2013

Sophie J. Fletcher | 07:05 | 22/07/13
The U.S. Dollar weakened against most of the majors at the end of last week as the Federal Reserve Chairman, Ben Bernanke, testified before Congress and indicated that policy makers will consider the state of the economy before adding or ...
Sophie J. Fletcher

iFOREX Daily - July 19, 2013

Sophie J. Fletcher | 07:15 | 19/07/13
The U.S. Dollar resumed its rally against most of the majors as Federal Reserve Chairman, Ben Bernanke, concluded the delivery of his testimony. The greenback’s advance came as no surprise as Mr. Bernanke suggested that a cut back in monthly ...
Sophie J. Fletcher

iFOREX Daily - July 18, 2013

Sophie J. Fletcher | 07:06 | 18/07/13
Testimony by the Federal Reserve Chairman, Ben Bernanke, prompted the U.S. Dollar to strengthen against most of the majors. In his statements to the House Financial Services Committee, Mr. Bernanke suggested that the current asset purchasing plan is not on ...
Sophie J. Fletcher

iFOREX Daily - July 17, 2013

Sophie J. Fletcher | 06:40 | 17/07/13
The U.S. Dollar remained weak against most of the majors as investors await the Federal Reserve Chairman, Ben Bernanke, who is set to testify before Congress on the state of the economy. Analysts believe his tone will denote caution as ...