tag archive - ‘Daily Report’

iFOREX Daily-June 2nd, 2011

Sophie J. Fletcher | 07:10 | 02/06/11

The U.S. Dollar dropped in value as a result of lack-luster metrics. However, as investors sought safe havens in the market, the greenback rebounded. New data released yesterday showed a drop in the ISM’s Factory Index and a very small ...

iFOREX Daily-June 1st, 2011

Sophie J. Fletcher | 06:55 | 01/06/11

The U.S. metrics released yesterday followed lackluster results issued earlier during the week. For starters, reports showing a dramatic decrease in Housing Prices throughout 20 cities in the U.S. supported the negative economic outlook for the country. These figures helped ...

iFOREX Daily-May 31, 2011

Sophie J. Fletcher | 06:50 | 31/05/11

The U.S. Dollar strengthened against most of its counterparts on low volume trading during the Memorial Day Holiday. The greenback continued to regain some of its losses as investors grew weary of the possibility there may not be a solution ...

iFOREX Daily-May 30, 2011

Sophie J. Fletcher | 07:15 | 30/05/11

The U.S. Dollar weakened on speculation that last week’s negative data is indicative of a faltering recovery. Furthermore, analysts believe the less than stellar reports are weighing heavily on the currency and benefitting safe havens like the Swiss Franc. The ...

iFOREX Daily-May 27, 2011

Sophie J. Fletcher | 07:25 | 27/05/11

The U.S. Dollar weakened against most of its peers as GDP reports indicated that the economy grew less than anticipated; other data showed that Jobless Claims rose, which added to speculation that the Federal Reserve may not increase interest rates ...

iFOREX Daily-May 26, 2011

Sophie J. Fletcher | 07:00 | 26/05/11

The U.S. Dollar gained strength as the market revealed a shift in risk aversion, thereby causing the Euro and the Yen to drop in value. The greenback however, slipped against the Pound upon the release of better than anticipated Gross ...

iFOREX Daily- May 25, 2011

Sophie J. Fletcher | 07:25 | 25/05/11

The U.S. Dollar dropped against the Euro due in part to the release of the IFO Index of German Business confidence which revealed positive results. This helped ease risk aversion in the markets. On the economic front, New Homes Sales ...

iFOREX Daily-May 24, 2011

Sophie J. Fletcher | 07:10 | 24/05/11

The U.S. Dollar rallied against its trading peers as stocks dropped on increased concerns over the European sovereign debt situation. Analysts believe that the strengthening of the dollar was mainly a result of risk aversion in the markets; however, it ...

iFOREX Daily- May 23, 2011

Sophie J. Fletcher | 06:45 | 23/05/11

The U.S. Dollar rallied towards the end of last week as investor demand for riskier assets diminished with the worsening of the Greek crisis. The risk of contagion played a major role with investor sentiment. It continued to weigh on ...

iFOREX Daily- May 19, 2011

Sophie J. Fletcher | 07:00 | 19/05/11

The U.S. Dollar weakened as commodities increased in price. It’s clear that high-beta currencies are performing better than the greenback. The U.S. monetary unit however, benefitted from the reading of the BOE’s last policy meeting Minutes as well as the ...