tag archive - ‘Federal Reserve’

Pound Benefits From Trade Data

Pound Benefits From Trade Data

David Sumner | 08:05 | 11/08/13
The British Pound sustained the biggest weekly advance against the U.S. Dollar in one month after reports showed that the U.K.’s trade deficit contracted in June, suggesting that economic recovery was still on track. The Sterling posted a huge rally ...
Sophie J. Fletcher

iFOREX Daily - August 9, 2013

Sophie J. Fletcher | 07:55 | 09/08/13
The U.S. Dollar weakened against most of the majors as risk appetite increased in the market subsequent to reports out of China indicating that the nation’s exports rose 5.1 percent from the previous year in June, reducing concerns the world’s ...
Sophie J. Fletcher

iFOREX Daily - August 8, 2013

Sophie J. Fletcher | 05:44 | 08/08/13
The U.S. Dollar traded mixed on Wednesday as uncertainty over the future of U.S. policy reigned in the markets. The Chairman of the Chicago Federal Reserve Bank, Charles Evans, suggested that the central bank may reduce or withdraw stimulus by ...
Euro Hits Seven-Week High

Euro Hits Seven-Week High

David Sumner | 08:30 | 07/08/13
The Euro traded at a seven-week high against the U.S. Dollar following economic calendar reports which indicated that Germany’s factory orders increased more than predicted in June, suggesting the region’s economy is gaining momentum. According to the Economy Minister, German ...
Sophie J. Fletcher

iFOREX Daily - August 7, 2013

Sophie J. Fletcher | 06:55 | 07/08/13
The U.S. Dollar traded mixed against its forex counterparts following a release which indicated that the U.S. Trade Deficit contracted, reaching the lowest level since 2009. According to the Commerce Department, the Trade Deficit narrowed by 22.4 percent and went ...
Investors Continue To Speculate On Stimulus

Investors Continue To Speculate On Stimulus

David Sumner | 07:05 | 06/08/13
The U.S. Dollar declined as money market investors continued to speculate on when the Federal Reserve may begin scaling back on monthly asset purchases. The Dollar remained weak as Friday’s government reports indicated that U.S. employers hired fewer workers than ...
Sophie J. Fletcher

iFOREX Daily - August 6, 2013

Sophie J. Fletcher | 07:00 | 06/08/13
The U.S. Dollar rallied against most of the majors after the Institute of Supply Management indicated that the U.S. non-manufacturing purchasing manager’s index climbed from 52.2 in June to 56.0 in July. As the index posted a five-month high, it ...
No U.S. Asset Purchasing Cuts For Now

No U.S. Asset Purchasing Cuts For Now

David Sumner | 07:20 | 05/08/13
The U.S Dollar concluded the week by dropping against most of its Forex market counterparts after softer than anticipated employment reports issued on Friday erased speculation the Federal Reserve would begin scaling back on monthly asset purchases right away. According ...
Sophie J. Fletcher

iFOREX Daily - August 5, 2013

Sophie J. Fletcher | 06:50 | 05/08/13
The U.S. Dollar declined against the majority of its peers on Friday after the jobs report showed that employers only added 162,000 payrolls in July, while the figures for June were revised down to 188,000. Despite the lackluster numbers, the ...
Employment Data Disappoints Markets

Employment Data Disappoints Markets

David Sumner | 07:50 | 04/08/13
The U.S. Dollar weakened against most of its foreign exchange trading counterparts following the release of economic reports which revealed that U.S. employers added fewer payrolls than predicted in July, thereby reducing the possibility the Federal Reserve will cut back ...
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