tag archive - ‘currencies’

iFOREX Daily- June 1st, 2012

Sophie J. Fletcher | 07:15 | 01/06/12

The U.S. Dollar traded slightly higher against its major counterparts, though it dipped versus the Euro, as the release of U.S. data sparked concerns over the nation’s economic growth and increased the possibility of further easing by the Federal Reserve. ...

iFOREX Daily- May 31, 2012

Sophie J. Fletcher | 07:20 | 31/05/12

The U.S. Dollar soared against its peers and traded close to a two-year high against the Euro as fears over the E.U. debt crisis prompted investors to seek refuge in haven currencies. The greenback gained further as Spain struggled to ...

iFOREX Daily- May 30, 2012

Sophie J. Fletcher | 07:20 | 30/05/12

The U.S. Dollar gained against its peers as worries over Spain’s ability to recapitalize troubled banks dampened demand for risk in the markets. This sparked fresh concern that the Euro region’s crisis is worsening and caused the Euro to trade ...

iFOREX Daily- May 29, 2012

Sophie J. Fletcher | 07:25 | 29/05/12

The U.S. Dollar weakened against the majority of its peers as Greek political parties favoring the bailout measures gained in the polls, thereby offering a glimmer of hope that Greece may not exit the Euro-zone. Trading was somewhat subdued as ...

Euro Weakens Further

David Sumner | 07:54 | 28/05/12

The Euro declined even further and traded at the lowest price since summer of 2010 following reports indicating that Greece’s anti-bailout party is gaining popularity in the polls. The Euro was also weighed on by news that Spain’s crisis has ...

iFOREX Daily- May 28, 2012

Sophie J. Fletcher | 07:05 | 28/05/12

The U.S. Dollar rallied against most majors on Friday as data indicated that Consumer Sentiment has improved for the world’s largest economy. The U.S. monetary unit remained strong as the crisis in Spain deepened, even after Moody’s downgraded the rating ...

iFOREX Daily- May 25, 2012

Sophie J. Fletcher | 07:20 | 25/05/12

The U.S. Dollar rallied across the board as risk aversion allowed the U.S. currency to maintain the upper hand. The greenback advanced despite weak U.S. data which in turn reignited concerns over the country’s economic recovery. According to the Commerce ...

iFOREX Daily- May 24, 2012

Sophie J. Fletcher | 07:10 | 24/05/12

The U.S. Dollar gained against the majority of its peers as renewed concerns over the possibility that Greece may exit the Euro region prompted a decline in risk appetite. Federal Reserve officials continued to grapple over a decision to take ...

iFOREX Daily- May 22, 2012

Sophie J. Fletcher | 07:00 | 22/05/12

The U.S. Dollar traded mixed against most of its peers as ongoing concerns over Greece’s possible exit from the Euro bloc dampened demand for high-risk assets and weighed on sentiment. In the U.S., bondholders lowered the inflation forecast by the ...

Faltering Asian Economy Prompts Declines

David Sumner | 08:05 | 21/05/12

A number of Asian currencies declined after dropping the most in eight months following reports indicating that the region’s economy is faltering. The ongoing debt crisis in the Euro region dampened demand for Asian exports and caused world currency market ...