tag archive - ‘ECB’

iFOREX Daily- September 18, 2012

Sophie J. Fletcher | 09:25 | 18/09/12

The U.S. Dollar traded mixed as the Federal Reserve’s announcement that it would implement a third round of quantitative easing continued to weigh heavy on the currency while market investors grew weary over the Spanish debt crisis. On the data ...

iFOREX Daily- September 17, 2012

Sophie J. Fletcher | 08:35 | 17/09/12

The U.S. Dollar declined the most in 11 months against the Euro a day after the Federal Reserve announced it will implement another round of asset purchasing known as quantitative easing in order to bolster economic growth. The greenback had ...

Fed Plans Debases U.S. Dollar

David Sumner | 08:00 | 16/09/12

The U.S. Dollar dropped to a four-month low against the Euro after the Federal Reserve announced its plan to engage in open-ended quantitative easing, a measure that has historically prompted the greenback to depreciate. The Fed also stated that it ...

iFOREX Daily- September 13, 2012

Sophie J. Fletcher | 07:30 | 13/09/12

The U.S. Dollar extended a decline against the majority of its counterparts on speculation the Federal Reserve will embark on another round of bond purchasing while leaving the interest rate at zero until 2015. The Dollar continued to drop after ...

iFOREX Daily- September 11, 2012

Sophie J. Fletcher | 07:25 | 11/09/12

The U.S. Dollar traded mixed as optimism ebbed in the market after Greece’s government coalition failed to provide answers on how it plans to cut 11.5 billion Euros in spending. Investors remain cautious ahead of Germany’s court ruling, which is ...

ECB’s Pledge Continues To Support Euro

David Sumner | 07:35 | 10/09/12

In an effort to stabilize the debt markets and stem the Euro region’s debt crisis, the European Central Bank announced its plan to buy government bonds last week. This prompted the Euro rate to climb the most in six months ...

iFOREX Daily- September 10, 2012

Sophie J. Fletcher | 07:20 | 10/09/12

The U.S. Dollar declined against 16 of its most traded peers following Labor Department reports issued on Friday which showed that employers added fewer jobs than expected. According to official Non-Farm Payroll figures, Americans only hired 96,000 more workers and ...

U.S. Dollar Drops On Jobs Data

David Sumner | 10:25 | 09/09/12

The U.S. Dollar dropped to a three-month low versus the Euro currency following the release of employment data which showed that U.S. Non-Farm Payrolls only increased by 96,000 in August, signaling that employers hired less workers than expected. The announcement ...

iFOREX Daily- September 7, 2012

Sophie J. Fletcher | 07:20 | 07/09/12

The U.S. Dollar traded mixed against its peers as official news confirmed that the European Central Bank will proceed with its bond-purchasing program. However, the greenback declined against high-yield currencies in anticipation of today’s Non-Farm Payroll reports which are forecast ...

ECB Set To Announce New Plan

David Sumner | 08:05 | 06/09/12

The Euro currency rallied against the majority of its peers after central bank officials indicated that the ECB will announce a new plan to purchase sterilized bonds in order to help stem the debt crisis. The shared currency rose to ...