tag archive - ‘ECB’

iFOREX Daily- December 17, 2012

Sophie J. Fletcher | 08:25 | 17/12/12

The U.S. Dollar declined against most of the majors as Friday’s reports showed that Consumer Inflation dipped 0.3 percent, bringing the annualized rate down to 1.8 percent. According to economists, the data supported the Federal Reserve’s decision to buy $45 ...

ECB Lowers Outlook

David Sumner | 09:20 | 10/12/12

The Euro weakened against the U.S. Dollar for the first time in one month after the European Central Bank reduced its growth outlook for the region and left the door open to the possibility of lowering the cost of borrowing ...

iFOREX Daily- December 10, 2012

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

The U.S. Dollar finished the week on a strong note against high-yield currencies following the release of surprising news showing a dropped in the Unemployment Rate from 7.9 to 7.7 percent, which was close to a four-year low. But the ...

Job Gains Surpass Expectations

David Sumner | 09:30 | 09/12/12

The U.S. Dollar rallied against the Euro after reports showed that U.S. employers hired more workers than anticipated in the month of November while the unemployment rate declined from 7.9 to 7.7%, which was almost a four-year low. Economists had ...

iFOREX Daily- December 7, 2012

Sophie J. Fletcher | 08:25 | 07/12/12

The U.S. Dollar traded mixed against its peers and rallied against the Euro after the European Central Bank’s President, Mario Draghi, delivered the final press conference of the year during which he suggested that the region’s “economic weakness” will remain ...

iFOREX Daily- December 5, 2012

Sophie J. Fletcher | 08:30 | 05/12/12

The U.S. Dollar traded mixed and declined against the Euro as fears over the looming fiscal cliff continued to affect market sentiment. According to sources, Republican lawmakers have proposed cuts in Medicare as well as in tax reforms; however, negotiations ...

iFOREX Daily- November 29, 2012

Sophie J. Fletcher | 08:35 | 29/11/12

The U.S. Dollar traded mixed as it appeared that U.S. lawmakers were optimistic they may reach an agreement to avert the fiscal cliff. However, the release of weak economic reports showing that New Home Sales were revised down from 389,000 ...

iFOREX Daily- November 15, 2012

Sophie J. Fletcher | 08:30 | 15/11/12

The U.S. Dollar traded higher than the majority of its peers as investors remained jittery over the Greek crisis and the fiscal cliff that is threatening the world’s biggest economy. But the greenback dipped the most in two weeks against ...

iFOREX Daily- November 9, 2012

Sophie J. Fletcher | 08:25 | 09/11/12

The U.S. Dollar strengthened as market investors sought safety on continued concerns over mounting fiscal troubles in the U.S., and as investors anticipate President Barack Obama will struggle to prevent the so-called fiscal cliff. The economic data was better than ...

iFOREX Daily- November 8, 2012

Sophie J. Fletcher | 08:25 | 08/11/12

The U.S. Dollar weakened at first following the news that incumbent President Barack Obama defeated Republican candidate Mitt Romney. However, shortly thereafter investors sought refuge, causing the greenback to rally as they worried that President Obama will face tough challenges ...