tag archive - ‘ECB’

Bank Of Canada Issues Rate Decision

David Sumner | 09:50 | 24/01/13

The U.S. Dollar rallied against the majority of its counterparts as online Forex trading investors sought safe havens after the Bank of Canada announced that it would leave benchmark interest rates unchanged at 1.0% and may delay any further increases. ...

iFOREX Daily- January 23, 2013

Sophie J. Fletcher | 06:29 | 23/01/13

The U.S. Dollar declined against the majority of its peers as risk appetite improved in the market on optimism that U.S. quarterly earnings may have risen. The greenback weakened soon after stocks climbed on the possibility that last quarter’s earnings ...

iFOREX Daily- January 18, 2013

Sophie J. Fletcher | 08:40 | 18/01/13

The U.S. Dollar traded mixed and rebounded against the majority of its counterparts following the release of positive Housing figures which helped improve the outlook for the U.S. economy. According to the Federal Reserve’s Beige Book, the Housing market recovered. ...

iFOREX Daily- January 17, 2013

Sophie J. Fletcher | 08:30 | 17/01/13

The U.S. Dollar rallied against the majority of its peers after the Washington based World Bank lowered its global growth forecast for 2013, citing low business confidence and high unemployment as the main reasons. The World Bank announced that global ...

iFOREX Daily- January 15, 2013

Sophie J. Fletcher | 09:00 | 15/01/13

The U.S. Dollar declined during the beginning of the week as investors traded currencies in anticipation of an upcoming speech by the Chairman of the Federal Reserve. Chairman Ben Bernanke was expected to deliver clues on any possible changes to ...

Speculation On Stimulus Helps Boost Yen

David Sumner | 09:05 | 14/01/13

The Yen fell against the U.S. Dollar and continued on the longest losing streak in close to 25 years due mostly to speculation the Bank of Japan is preparing to increase monetary easing in order to bolster economic growth and ...

iFOREX Daily- January 14, 2013

Sophie J. Fletcher | 08:35 | 14/01/13

Speculators enjoyed a volatile day of trading on Friday, a day after the European Central Bank left benchmark interest rates at record lows, and as the global stock markets rallied on signs that China’s economy is growing. In the U.S., ...

iFOREX Daily- January 11, 2013

Sophie J. Fletcher | 08:35 | 11/01/13

The U.S. Dollar declined as risk appetite improved in the market following an announcement by the European Central Bank indicating that its decision to leave interest rates at the same level was unanimous. However, the greenback remained close to 2 ...

iFOREX Daily- January 10, 2013

Sophie J. Fletcher | 08:35 | 10/01/13

The U.S. Dollar rallied following bearish comments by the Federal Reserve along with a surge in speculation that European and British central banks may increase monetary easing at some point in the near future. The Federal Reserve’s officer from the ...

Investors Await Upcoming ECB Meeting

David Sumner | 11:15 | 08/01/13

The Euro advanced against the U.S. Dollar as money market investors await a European Central Bank meeting, but then weakened in the early part of the day on concerns the region’s economy is failing as Gross Domestic Product contracted by ...