Sophie J. Fletcher

iFOREX Daily - December 26, 2013

Sophie J. Fletcher | 08:00 | 26/12/13
The U.S. Dollar gained across the board on speculation that further signs of positive economic expansion may prompt the Federal Reserve to move forward with further reductions in the monthly asset purchases. Demand for the U.S. Dollar was high on ...
Sophie J. Fletcher

iFOREX Daily - December 25, 2013

Sophie J. Fletcher | 07:45 | 25/12/13
After a day of declines, the U.S. Dollar rebounded on Tuesday against most of its peers and traded at a five-year high against the Yen once again. The greenback rallied ahead of the Durable Goods Orders which were expected to ...
Sophie J. Fletcher

iFOREX Daily - December 24, 2013

Sophie J. Fletcher | 11:20 | 24/12/13
As the markets digested the Federal Reserve’s recent policy decision to scale back on stimulus, the U.S. Dollar softened against most of the Forex majors. The greenback, which recently traded at a five-year high against the Yen, declined for the ...
Sophie J. Fletcher

iFOREX Daily - December 23, 2013

Sophie J. Fletcher | 07:55 | 23/12/13
The U.S. Dollar advanced against 14 of its 16 most traded counterparts as market investors anticipate that the Federal Reserve may continue cutting back on monthly asset purchases as Fed chairman Ben Bernanke recently hinted. The FOMC decided to begin ...
Sophie J. Fletcher

iFOREX Daily - December 20, 2013

Sophie J. Fletcher | 08:50 | 20/12/13
The U.S. Dollar hit a two-week high against the Euro and gained against the majority of its peers a day after the Federal Reserve stated that it would begin tapering back on monthly asset purchases by reducing the amount from ...
Sophie J. Fletcher

iFOREX Daily - December 19, 2013

Sophie J. Fletcher | 07:45 | 19/12/13
The U.S. Dollar traded mixed ahead of the Federal Reserve’s policy decision. It gained against the Yen as reports out of Japan indicated a rise in the Trade Deficit, thereby reducing demand for the currency. And it rallied against most ...
Sophie J. Fletcher

iFOREX Daily - December 18, 2013

Sophie J. Fletcher | 08:44 | 18/12/13
The U.S. Dollar came very close to trading at a five-year high against the Yen and remained fragile against the remainder of its forex counterparts as the Federal Reserve convened for its much-anticipated two-day meeting. Uncertainty over what the central ...
Sophie J. Fletcher

iFOREX Daily - December 17, 2013

Sophie J. Fletcher | 08:05 | 17/12/13
With the Federal Reserve’s policy meeting just a day away, the U.S. Dollar traded with remarkable volatility. It gained against the Yen, the Euro and the commodity-related currencies. As investors remain uncertain over what the central bank will decide on ...
Sophie J. Fletcher

iFOREX Daily - December 16, 2013

Sophie J. Fletcher | 08:35 | 16/12/13
Despite mixed economic metrics released on Friday, the U.S. Dollar managed to gain against several of its forex counterparts. The data denoted a decline in Producer Price Inflation of 0.1 percent for November, bolstering predictions that the numbers may convince ...
Sophie J. Fletcher

iFOREX Daily - December 13, 2013

Sophie J. Fletcher | 09:10 | 13/12/13
The U.S. Dollar gained for the first time in one week as investors were speculating on whether the prospective U.S. budget agreement would prompt the Federal Reserve to begin cutting back on the $85 billion in monthly bond purchases. Analysts ...