tag archive - ‘currencies’

iFOREX Daily-May 21, 2013

Sophie J. Fletcher | 07:35 | 21/05/13

The U.S. Dollar weakened against most of the majors, including the Yen, after Japan’s Economy Minister, Akira Amari, stated that further declines in the currency could have a negative impact on the country’s economy. Demand for the greenback remained low ...

iFOREX Daily-May 13, 2013

Sophie J. Fletcher | 08:21 | 13/05/13

The U.S. Dollar traded at five-week highs against six of the majors on Friday following the release of positive economic reports indicating that fewer individuals than expected filed for Unemployment Benefits during the prior week. According to official figures, Jobless ...

Fed Issues Decision

David Sumner | 08:15 | 02/05/13

The U.S. Dollar weakened against most of its money market counterparts after the Federal Reserve announced it will continue with its bond-purchasing program and will maintain the current pace of buying up $85 billion in assets per month until the ...

iFOREX Daily-May 2, 2013

Sophie J. Fletcher | 07:31 | 02/05/13

The U.S. Dollar extended losses against the majority of its trading peers in anticipation of the Federal Reserve’s decision following the release of lackluster economic reports issued by ADP which showed that Private Payrolls fell from 131,000 to 119,000 in ...

iFOREX Daily-April 29, 2013

Sophie J. Fletcher | 07:25 | 29/04/13

The U.S. Dollar declined against most of its Forex counterparts following a release which revealed that the world’s biggest economy grew less than anticipated during the first three months of 2013. According to the Commerce Department, Gross Domestic Product expanded ...

U.S. Growth Fails To Meet Expectations

David Sumner | 08:15 | 28/04/13

The U.S. Dollar declined against most of its foreign currency peers after reports showed that Gross Domestic Product rose less than anticipated in the initial quarter of 2013, fueling concerns the world’s largest economy is having a tough time recovering. ...

iFOREX Daily- April 26, 2013

Sophie J. Fletcher | 07:55 | 26/04/13

The U.S. Dollar weakened against the majority of its peers as risk appetite improved in the market following Labor Department releases which showed that the number of individuals applying for Unemployment Benefits declined by 16,000 to a seasonally adjusted 339,000 ...

ECB Closer To Rate Cuts

David Sumner | 07:00 | 25/04/13

Gold prices rallied during the U.S. day trading session following disappointing news out of Germany which indicated that business confidence declined, thereby sparking speculation the European Central Bank may lower benchmark interest rates. According to the IFO Institute located in ...

iFOREX Daily-April 25, 2013

Sophie J. Fletcher | 06:51 | 25/04/13

The U.S. Dollar traded mixed but fell against the Yen following the release of weak Commerce Department metrics which showed that Orders for Durable Goods dropped more than predicted. According to the figures, they fell by the most in over ...

iFOREX Daily-April 23, 2013

Sophie J. Fletcher | 07:46 | 23/04/13

The U.S. Dollar retreated against the Yen and traded mixed against the majority of its most traded peers after economic reports showed an unexpected decline in U.S. Existing Home Sales. According to the National Association of Realtors, the sale of ...