tag archive - ‘euro’

iFOREX Daily- April 11, 2012

Sophie J. Fletcher | 07:00 | 11/04/12

The U.S. Dollar spiraled to the downside after the Federal Reserve Chairman, Ben Bernanke, delivered a speech before Congress indicating that the U.S. economy is still recovering from the financial crisis which began three years ago. He used Friday’s job ...

Dollar Slumps On Speculation

David Sumner | 08:05 | 10/04/12

The U.S. Dollar declined as market investors continue to speculate on whether the Federal Reserve will implement another round of monetary easing. This came about after the release of last week’s job reports showing that employers in the U.S. added ...

iFOREX Daily- April 10, 2012

Sophie J. Fletcher | 06:54 | 10/04/12

The U.S. Dollar remained under pressure while the markets took Friday’s disappointing jobs reports into consideration. Trading volume was extremely light as many markets were closed for the Easter holidays. For the most part, the greenback weakened against the majority ...

Euro Hits 11-Month Low

David Sumner | 08:05 | 09/04/12

The Euro rate dipped to the lowest rate in 11 months against the Yen as an increase in Spanish borrowing costs renewed concerns that the Euro-zone’s debt crisis is worsening. Spain’s Prime Minister, Mariano Rajoy, indicated that the country is ...

iFOREX Daily- April 9, 2012

Sophie J. Fletcher | 07:10 | 09/04/12

The U.S. Dollar rallied against the majority of its peers as renewed concerns over the debt crisis in the Euro region buoyed risk aversion sentiment in the market. Investors chose refuge currencies like the greenback, despite official data released Friday ...

U.S. Employers Added Fewer Jobs In March

David Sumner | 08:45 | 08/04/12

The U.S. Dollar fell against the majority of its money market counterparts after the government released economic data indicating that employers in the U.S. added fewer jobs than anticipated in the month of March. According to reports, Non-Farm Payrolls only ...

iFOREX Daily- April 6, 2012

Sophie J. Fletcher | 07:20 | 06/04/12

The U.S. Dollar rallied against the majority of its peers as risk off sentiment prevailed in the market while investors grew concerned over the hike in Spanish borrowing costs and the outlook for the Euro region’s economy. This came about ...

E.U. Continues To Struggle

David Sumner | 07:59 | 05/04/12

The Euro rate declined to the lowest price in one month against the U.S. Dollar as demand for bonds was lower than anticipated at the Spanish auction. According to economists, Spain was only able to sell 2.59 billion Euros worth ...

iFOREX Daily- April 5, 2012

Sophie J. Fletcher | 07:20 | 05/04/12

The U.S. Dollar advanced against most of its counterparts as market investors sought refuge in safe havens on concerns that the Euro-zone is still grappling with the debt crisis. The greenback was also higher despite lackluster data showing that the ...

Fed Minutes Prompt Dollar Rally

David Sumner | 09:55 | 04/04/12

The U.S. Dollar traded at the highest price in one week versus the Euro following the release of the Federal Reserve’s most recent monetary policy meeting minutes. The minutes indicated that the central bank isn’t considering implementing further quantitative easing ...