tag archive - ‘ECB’

iFOREX Daily-March 14, 2013

Sophie J. Fletcher | 08:50 | 14/03/13

The U.S. Dollar strengthened against the majority of its trading counterparts after reports showed that Retail Sales rose the most in five months during February, thereby improving the outlook for the world’s biggest economy. According to the Commerce Department, Retail ...

iFOREX Daily-March 13, 2013

Sophie J. Fletcher | 08:46 | 13/03/13

While the U.S. Dollar’s rally petered out at the start of yesterday’s trading session, gold managed to climb close to the $1,600 level due to a number of factors including inflationary pressure from around the globe and a drop in ...

iFOREX Daily-March 8, 2013

Sophie J. Fletcher | 08:41 | 08/03/13

The U.S. Dollar declined against the Euro but reached a two and a half year high against the Yen as the President of the European Central Bank issued a statement that the region’s economy would stabilize in 2013. On the ...

iFOREX Daily-March 7, 2013

Sophie J. Fletcher | 08:35 | 07/03/13

Positive data showing that private companies in the U.S. added more jobs than predicted in the month of February prompted the U.S. Dollar to rally against the majority of its peers. It also rekindled speculation the Federal Reserve may wind ...

iFOREX Daily-February 25, 2013

Sophie J. Fletcher | 08:25 | 25/02/13

The U.S. Dollar traded mixed at the end of last week as the positive economic news out of Germany, along with the rebound of U.S. equities steered investors away from safe havens. The greenback was supported by the release of ...

ECB Surprises Market With Report

David Sumner | 09:45 | 24/02/13

The European Central Bank announced that regional banks would repay less on their three-year loans in the coming week than was anticipated. This caused the Euro rate to go down to the lowest against the U.S. Dollar in over a ...

iFOREX Daily-February 19, 2013

Sophie J. Fletcher | 08:56 | 19/02/13

The U.S. Dollar gained against most of the majors during thin holiday trading, especially as speculators pre-positioned themselves in anticipation of several important events including the upcoming Italian elections and important economic data set to be released by Spain and ...

iFOREX Daily-February 18, 2013

Sophie J. Fletcher | 08:20 | 18/02/13

The U.S. Dollar traded mixed, but it gained against the Yen, the Euro and the Canadian Dollar as the summit of G-20 concluded. Reports showed that officials abstained from criticizing Japan for its recent actions which led to the currency’s ...

iFOREX Daily- February 12, 2013

Sophie J. Fletcher | 08:40 | 12/02/13

This week holds several important events likely to affect the foreign currency exchange markets including a G20 meeting and the publication of the Bank of Japan’s monetary policy decisions. In the meantime, the U.S. Dollar traded mixed against most of ...

iFOREX Daily- February 11, 2013

Sophie J. Fletcher | 08:35 | 11/02/13

The U.S. Dollar gained against most of its peers at the end of last week as data revealed that the Trade Deficit contracted more than forecast from $48.6 to $38.5 billion. Analysts explained that the improvement came about as exports ...