tag archive - ‘Daily Report’

iFOREX Daily-April 18, 2011

Sophie J. Fletcher | 06:50 | 18/04/11

Despite a weaker U.S. Dollar, the Euro dropped to its lowest trading rate against the greenback since November 2010. This occurred as concerns over the peripheral debt situation caused investors to act cautiously with their investments. Predictions that the Federal ...

iFOREX Daily-April 15, 2011

Sophie J. Fletcher | 06:45 | 15/04/11

The Dollar dipped in price on news that U.S. initial Jobless Claims rose to 412,000 while economists had expected a drop rather than an increase in numbers. The Canadian currency traded low against most of its counterparts, as investors believe ...

iFOREX Daily-April 14, 2011

Sophie J. Fletcher | 06:05 | 14/04/11

The U.S. Dollar rallied versus the Euro, advancing from a 15 month low on a speech given by President Barack Obama. The speech indicated that the government is willing to take measures in order to diminish the trade deficit by ...

iFOREX Daily-April 13, 2011

Sophie J. Fletcher | 07:10 | 13/04/11

Yesterday was light on economic data in the U.S. The Trade Deficit reportedly narrowed during the month of February –an indication that commodity prices had a negative effect on the world’s largest economy. Statistics across the board were less than ...

iFOREX Daily-April 12, 2011

Sophie J. Fletcher | 06:25 | 12/04/11

Monday turned out to be a positive day for the Dollar as investors sought safe haven assets. The U.S. currency strengthened after reaching a 17-month low at the end of last week. The drop in risk appetite was brought on ...

iFOREX Daily-April 11, 2011

Sophie J. Fletcher | 09:20 | 11/04/11

Investors sought the Euro over the U.S. Dollar as lawmakers remained in a stalemate in regards to the federal budget. Last week concluded on a positive note as congress reached an agreement in the 11th hour thereby avoiding a shut ...

iFOREX Daily-April 8, 2011

Sophie J. Fletcher | 08:25 | 08/04/11

The Dollar traded low as the Federal Reserve decided to leave the current interest rates unchanged. In addition, the Fed is expected to wait until the beginning of 2012 before increasing interest rates. On the economic front, Consumer Confidence rose ...

iFOREX Daily-April 7, 2011

Sophie J. Fletcher | 07:35 | 07/04/11

The U.S. Dollar faced a day of low trading rates due to the release of the FOMC minutes. The info was rather discouraging for those who are expecting a hike in interest rates. The report indicated concerns with the current ...

iFOREX Daily-April 6, 2011

Sophie J. Fletcher | 07:35 | 06/04/11

Yesterday was a day of ups and downs for the U.S. Dollar which strengthened against the Euro and the Yen but dropped in price versus the Pound Sterling. Crude oil increased to $120.00 per barrel which was a negative factor ...

iFOREX Daily-April 5, 2011

Sophie J. Fletcher | 07:20 | 05/04/11

The Dollar traded mixed yesterday, especially after Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, issued a statement predicting strong headwinds for the U.S. economy despite its quick recovery. This may be an indication that Chairman Ben Bernanke, ...