tag archive - ‘Federal Reserve’

Data May Not Sway Fed Decision

Data May Not Sway Fed Decision

David Sumner | 07:45 | 29/07/13
The U.S. Dollar extended losses against the majority of its Forex counterparts as a string of lackluster economic reports issued recently boosted speculation that the Federal Reserve may not begin cutting back on stimulus when it meets this week. The ...
Sophie J. Fletcher

iFOREX Daily - July 29, 2013

Sophie J. Fletcher | 06:15 | 29/07/13
The U.S. Dollar slumped against the majority of its forex counterparts on speculation a recent flurry of soft economic reports will not suffice to convince the Federal Reserve to begin cutting back on stimulus. The greenback weakened ever since the ...
Investors Seek Refuge

Investors Seek Refuge

David Sumner | 08:35 | 28/07/13
The U.S. Dollar dropped slightly after economic reports indicated that the Index which gauges consumer sentiment increased more than anticipated. Despite positive news issued by the University of Michigan showing a jump on the index from 83.9 to 85.1 in ...
Sophie J. Fletcher

iFOREX Daily - July 26, 2013

Sophie J. Fletcher | 08:10 | 26/07/13
The U.S. Dollar traded remarkably low against several major currencies after disappointing reports showed that more individuals filed for Unemployment Claims during the week which ended on July 20th. According to the Labor Department, Jobless Claims increased by 7,000 to ...
Manufacturing Expands In E.U.

Manufacturing Expands In E.U.

David Sumner | 07:50 | 25/07/13
The Euro rallied against most of its Forex counterparts after economic reports showed that manufacturing activity in the Euro region expanded in July. According to the Purchasing Manager’s Index, manufacturing went from 48.8 in June to 50.1 in July. Furthermore, ...
Sophie J. Fletcher

iFOREX Daily - July 25, 2013

Sophie J. Fletcher | 06:56 | 25/07/13
The U.S. Dollar traded mixed and rallied later in the session following solid economic reports which showed that New Homes Sales surged to five-year highs last month. According to the Commerce Department, sales of new homes in the U.S. rose ...
Volatility Drops On Currency Exchange

Volatility Drops On Currency Exchange

David Sumner | 07:20 | 24/07/13
Volatility among the major currencies dropped dramatically, reaching a ten-week low as Forex investors were speculating that the Federal Reserve may not increase the benchmark interest rates when the central bank begins reducing their monthly asset purchases. Speculators believe that ...
Sophie J. Fletcher

iFOREX Daily - July 24, 2013

Sophie J. Fletcher | 06:50 | 24/07/13
The U.S. Dollar weakened against most of the majors as volatility in the foreign currency exchange dipped to a 10-week low on speculation the Federal Reserve may not increase the cost of borrowing money when it decides to scale back ...
Sophie J. Fletcher

iFOREX Daily - July 23, 2013

Sophie J. Fletcher | 07:36 | 23/07/13
The U.S. Dollar weakened further after economic data revealed that Existing Home Sales fell in June, though they remained very close to three-year highs. According to the National Association of Realtors, sales of Existing Homes declined 1.2 percent to a ...
BOE Refrains From Adding Stimulus

BOE Refrains From Adding Stimulus

David Sumner | 07:15 | 22/07/13
The British Pound advanced versus the Euro rate for the first time in a month and a half after the minutes from the Bank of England’s most recent monetary policy meeting revealed that policy makers agreed on refraining from expanding ...
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