tag archive - ‘Daily Report’

iFOREX Daily, Dec.20 2010

Sophie J. Fletcher | 11:00 | 20/12/10

Global Market Outlook The Dollar was volatile last week and strengthened slightly by 0.2% versus six major currencies. U.S. stock markets performed well last week, reaching new high records boosted by positive news. Some of last week’s economic indicators suggest that ...

iFOREX Daily, Dec.17 2010

Sophie J. Fletcher | 08:50 | 17/12/10

Global Market Outlook It  was quite a busy day yesterday with macro-economic indicators in the U.S. The dollar fell 0.3% versus a six-major-currency-index and stock markets recorded nice gains. Gold prices retreated nearly 1% on profit taking before the year ends and ...

iFOREX Daily, Dec.16 2010

Sophie J. Fletcher | 09:00 | 16/12/10

Global Market Key Points The U.S. dollar rebounded yesterday as figure for industrial output in the U.S. came-in stronger than expected. Euro weakened as much as 1% versus the dollar and closed at 1.3223 partially over growing concern that Moody’s will ...

iFOREX Daily, Dec.15 2010

Sophie J. Fletcher | 08:55 | 15/12/10

Global Market Key Points The U.S. dollar rebounded moderately yesterday backed by better-than expected results showing consumer spending that accounts for nearly two-thirds of the U.S. GDP is recovering. Retail sales in November came-in surprisingly at 0.8% month-on-month basis following a ...

iFOREX Daily, Dec.14 2010

Sophie J. Fletcher | 09:15 | 14/12/10

Global Market Key Points Economic indicators in the U.S. were limited yesterday; the dollar recorded a sharp 1.2% decline versus a 6-major-currency index and weakened as much as 1.5% versus the euro. The Federal Open Market Committee (FOMC) – the policy-making ...

iFOREX Daily, Dec.13 2010

Sophie J. Fletcher | 09:05 | 13/12/10

Global Market Key Points It was a nervous weekend busy with economic indicators coming from China the world’s second largest economy (by PPP); annual inflation of Consumer Price Index accelerated in November much more than forecasted to 5.1% which is the ...

iFOREX Daily, Dec. 10 2010

Sophie J. Fletcher | 11:14 | 10/12/10

Global Market Key Points European district's financial outlook seems to worsen as Fitch Ratings slashed yesterday for the second time in the past two months Ireland's credit rating after the country pleaded for international financial assistance last month. Ireland's credit rating ...

iFOREX Daily, Dec.9 2010

Sophie J. Fletcher | 09:05 | 09/12/10

Global Market Key Points U.S. dollar remained strong yesterday still supported by Barack Obama’s decision to extent tax cuts and unemployment benefits for extra two years in order to spur business activity and support economic growth. The Dollar index versus six ...

iFOREX Daily, Dec.8 2010

Sophie J. Fletcher | 09:20 | 08/12/10

Global Market Key Points U.S. stock markets stagnated yesterday but the dollar continued to recover for the second straight day after falling sharply last Friday as the U.S. Bureau of Labor Statistics reported that unemployment rate climbed to 9.8%. Unemployment rate ...

iFOREX Daily, Dec.7 2010

Sophie J. Fletcher | 09:05 | 07/12/10

Global Market Key Points U.S. dollar remained weak yesterday and the six-major-currencies index couldn’t break though the 79.968 level, making a modest 0.3% rebound, after the Federal Reserve Bank’s Chairman, Ben Bernanke, said “We are not very far from the level ...