tag archive - ‘EUR/USD’

iFOREX Daily- March 1, 2012

Sophie J. Fletcher | 08:29 | 01/03/12

The U.S. Dollar gained against the Euro and the Yen after Federal Reserve Chairman, Ben Bernanke, commented on the state of the economy, thereby reducing speculation that the central bank will implement additional monetary stimulus. Chairman Bernanke stated that despite ...

iFOREX Daily- February 29, 2012

Sophie J. Fletcher | 08:40 | 29/02/12

The U.S Dollar weakened after economic reports revealed a surprising decline in orders for durable goods with a life span longer than three years. This raised speculation that the Federal Reserve may implement further quantitative easing, as some signs of ...

iFOREX Daily- February 28, 2012

Sophie J. Fletcher | 08:15 | 28/02/12

The U.S. gained against the majority of its peers as concerns over the Euro-zone’s debt crisis bolstered aversion to risk. On the data front, the National Association of Realtors reported that the number of people who bought new homes rose ...

iFOREX Daily- February 27, 2012

Sophie J. Fletcher | 08:00 | 27/02/12

The U.S. Dollar started weak due to Friday’s positive employment data, which increased risk appetite in the market. Other economic releases revealed that the index of consumer confidence from the University Of Michigan posted a 75.3 for this month. The ...

iFOREX Daily- February 24, 2012

Sophie J. Fletcher | 08:25 | 24/02/12

The U.S. Dollar weakened despite the release of positive data indicating that the labor sector is recovering. Furthermore, while investors continued worrying over the Euro region’s debt crisis, there was a further decline in risk appetite. Sentiment was also dampened ...

iFOREX Daily- February 23, 2012

Sophie J. Fletcher | 08:20 | 23/02/12

The U.S. Dollar advanced against the majority of its peers as risk appetite was dampened by a number of factors. For starters, the publication of the Bank of England’s policy meeting minutes weighed on the Pound. In addition to this, ...

iFOREX Daily- February 22, 2012

Sophie J. Fletcher | 08:14 | 22/02/12

The U.S. Dollar gained against the majority of its peers as uncertainty over the fact Greece may still default, overshadowed the news that E.U. Finance Ministers agreed to grant Greece the second bailout. The Dollar’s gains were limited despite the ...

iFOREX Daily- February 21, 2012

Sophie J. Fletcher | 08:09 | 21/02/12

The U.S. Dollar declined against the majority of its peers after China announced it would reduce the reserve requirements for its banks, thereby spurring a decline in demand for safe havens. Risk appetite was also supported by optimistic sentiment that ...

iFOREX Daily- February 20, 2012

Sophie J. Fletcher | 08:10 | 20/02/12

The U.S. Dollar weakened against the majority of its peers on Friday after the release of better than anticipated economic data raised demand for risk assets. However, speculation over today’s meeting between E.U. Finance Ministers in Brussels brought uncertainty to ...

iFOREX Daily- February 17, 2012

Sophie J. Fletcher | 08:15 | 17/02/12

The U.S. Dollar erased losses against most of its peers after an economic report signaled improvement in the labor sector as Initial Jobless Claims declined to 348,000. Other releases showed that the Federal Reserve Bank of Philadelphia’s Index rose to ...