tag archive - ‘Federal Reserve’

Labor Department Releases Metrics

Labor Department Releases Metrics

David Sumner | 08:39 | 23/10/13
The U.S. Dollar weakened as key data was issued by the U.S. Labor Department. Market traders have been awaiting the release of non-farm payrolls, which was initially delayed due to the government’s 16-day partial shutdown. Non-Farm Payrolls Weak The U.S. Dollar fell ...
Sophie J. Fletcher

iFOREX Daily - October 23, 2013

Sophie J. Fletcher | 07:15 | 23/10/13
The U.S. Dollar plunged dramatically after the Labor Department published the much anticipated Non-Farm Payroll reports, originally scheduled to be released on October 4, but postponed due to the recent government shutdown. Information issued on Tuesday confirmed that employers in ...
Sophie J. Fletcher

iFOREX Daily - October 22, 2013

Sophie J. Fletcher | 07:39 | 22/10/13
The U.S. Dollar inched higher versus the majority of its most traded counterparts on the probability that the central bank may hold off on tapering bond purchases this month. The greenback had declined dramatically in recent days as economists tried ...
Concerns Over Fed Stimulus Continue

Concerns Over Fed Stimulus Continue

David Sumner | 07:59 | 21/10/13
Increasing speculation that the Federal Reserve will refrain from making changes to its monetary policy prompted the U.S. Dollar to trade at the weakest level since February. A hike in speculation over tapering boosted demand for risk assets. Markets Relieved Despite the ...
Sophie J. Fletcher

iFOREX Daily - October 21, 2013

Sophie J. Fletcher | 06:50 | 21/10/13
The U.S. Dollar remained weak and traded at the lowest price in close to nine months as risk aversion declined in the markets on speculation that the central bank will delay its plans to cut back on stimulus after the ...
Greenback Plunges On Economic Concerns

Greenback Plunges On Economic Concerns

David Sumner | 07:55 | 20/10/13
The U.S. Dollar plunged to an eight-month low versus the Euro on worries that recent events which prompted the closure of the U.S. government dampened growth and therefore it is likely the Federal Reserve will postpone stimulus cutback. Chicago Fed Speaks ...
Sophie J. Fletcher

iFOREX Daily - October 18, 2013

Sophie J. Fletcher | 08:00 | 18/10/13
Headlines from around the globe revealed that the U.S. government would reopen as U.S. Congress approved a Bill designed to provide sufficient funds to run the government until the middle of January. The Bill also allows the debt limit to ...
Fitch Issues U.S. Warning

Fitch Issues U.S. Warning

David Sumner | 09:00 | 17/10/13
The U.S. Dollar declined versus most of the majors as time was running thin on the debt ceiling deadline while the Senate returned to the drawing board to devise a plan that the House would approve. The White House was ...
Sophie J. Fletcher

iFOREX Daily - October 17, 2013

Sophie J. Fletcher | 07:49 | 17/10/13
The U.S. Dollar started off trading mixed but fell against most majors as the markets awaited U.S. lawmakers to seal a deal that would prevent the world’s largest economy from defaulting. In the meantime, the Fitch ratings agency notified the ...
Sophie J. Fletcher

iFOREX Daily - October 16, 2013

Sophie J. Fletcher | 07:04 | 16/10/13
The U.S. Dollar rallied against most of the majors and gained against the Euro after three days of declines, as U.S. Senate leaders offered hope that a deal could be reached before the October 17 deadline. Politicians remained deadlocked, but ...