tag archive - ‘euro’

Euro Drops On Regional Contraction

Euro Drops On Regional Contraction

David Sumner | 07:40 | 16/05/13
The Euro currency slumped to a six-week low versus the U.S. Dollar after reports indicated that the Euro region’s economy contracted while Germany’s economic growth lost momentum. According to official data, gross domestic product shrank 0.2% in the last quarter, ...
Sophie J. Fletcher

iFOREX Daily - May 16, 2013

Sophie J. Fletcher | 07:26 | 16/05/13
The U.S. Dollar rallied to nine-month highs versus most of the majors, but struggled to retain its strength following a flurry of disappointing economic data. Official metrics showed that Manufacturing slowed down and Industrial output declined. Other releases showed that ...
Sophie J. Fletcher

iFOREX Daily - May 15, 2013

Sophie J. Fletcher | 20:10 | 15/05/13
The U.S. Dollar remained strong against most of the majors as lackluster reports relating to economic growth in the Euro region bolstered demand for safe havens. In the U.S., a release indicated that Import Prices fell 0.5 percent, just as ...
U.S. Retail Sales Post Increase

U.S. Retail Sales Post Increase

David Sumner | 09:10 | 14/05/13
The U.S. Dollar rose against the majority of its online Forex trading peers following the release of economic reports which showed that retail sales in the world’s biggest economy climbed 0.1% during the month of April. The greenback strengthened further ...
Sophie J. Fletcher

iFOREX Daily - May 14, 2013

Sophie J. Fletcher | 07:01 | 14/05/13
The U.S. Dollar strengthened against the majority of its trading counterparts as more positive data continued to flood in, and as China disappointed investors with lackluster economic reports revealing that Industrial Production advanced 9.3 percent last month, which was less ...
Sophie J. Fletcher

iFOREX Daily - May 13, 2013

Sophie J. Fletcher | 08:21 | 13/05/13
The U.S. Dollar traded at five-week highs against six of the majors on Friday following the release of positive economic reports indicating that fewer individuals than expected filed for Unemployment Benefits during the prior week. According to official figures, Jobless ...
G-7 Focuses On Japan’s Recovery

G-7 Focuses On Japan’s Recovery

David Sumner | 08:19 | 13/05/13
Central bankers and Finance Ministers from seven key nations gathered in Aylesbury, outside of London, for the G-7 summit during which time financial chiefs addressed Japan’s recovery measures and stated that they would accept a depreciation of the Yen at ...
Yen Falls Beyond 101 Per U.S Dollar

Yen Falls Beyond 101 Per U.S Dollar

David Sumner | 07:50 | 12/05/13
The Yen traded below 101 per U.S. Dollar for the first time in 4 years following the release of government reports which revealed that Japanese investors increased their holdings in overseas assets as they believe the U.S. economy is gaining ...
Sophie J. Fletcher

iFOREX Daily - May 10, 2013

Sophie J. Fletcher | 07:56 | 10/05/13
The U.S. Dollar advanced against most of its trading counterparts after reports showed that Unemployment Claims declined to the lowest level in over five years, indicating that economic growth was picking up momentum. According to the Labor Department, Jobless Claims ...
E.U.’s Biggest Economy Shows Improvement

E.U.’s Biggest Economy Shows Improvement

David Sumner | 07:40 | 09/05/13
The Euro rose the most in three weeks against the U.S. Dollar after Germany, the region’s biggest economy, reported that industrial output climbed for a second month in March, suggesting the country’s economy was gaining momentum. According to official releases, ...