tag archive - ‘Federal Reserve’

Sophie J. Fletcher

iFOREX Daily - October 2, 2013

Sophie J. Fletcher | 07:10 | 02/10/13
The month of October began with a partial closing of the U.S. federal government offices, a situation that ignited concerns among investors and raised the possibility the central bank may not alter stimulus during this period of uncertainty. Congress failed ...
Sophie J. Fletcher

iFOREX Daily - September 30, 2013

Sophie J. Fletcher | 08:00 | 30/09/13
The U.S. Dollar remained weak even as Congress seemed to have worked out a viable way to keep the government up and running until mid-November. However, the Republicans remain opposed to the Affordable Health Care Act, which has created an ...
Sophie J. Fletcher

iFOREX Daily - September 27, 2013

Sophie J. Fletcher | 07:45 | 27/09/13
The U.S. Dollar traded mixed against most of the majors as lawmakers continued their work on an adequate spending Bill to solve the budget issue. The greenback rallied on fundamentals which showed that the U.S. economy grew by 2.5 percent ...
Euro Drops On IFO

Euro Drops On IFO

David Sumner | 08:10 | 25/09/13
Following a day of optimism after Chancellor Merkel was re-elected, Germany announced an improvement in business confidence. Investors continue to remain cautious while anticipating a slow economic recovery for the E.U. Business IFO Weakens The Euro declined against the U.S. Dollar after ...
Sophie J. Fletcher

iFOREX Daily - September 25, 2013

Sophie J. Fletcher | 07:00 | 25/09/13
The U.S. Dollar traded mixed and it managed to advance against a number of currencies while speculators were wondering if the central bank would slow the asset purchasing program, a measure that has normally contributed to the depreciation of the ...
German Chancellor Wins A Third Term

German Chancellor Wins A Third Term

David Sumner | 11:00 | 24/09/13
The U.S. Dollar depreciated for a second day versus the Yen as market investors look ahead to several speeches due to be delivered by Federal Reserve officials. The Yen rallied the most against the Euro as Germany’s Chancellor was re-elected. Greenback ...
Sophie J. Fletcher

iFOREX Daily - September 24, 2013

Sophie J. Fletcher | 07:15 | 24/09/13
The U.S. Dollar traded subdued against the majority of its forex peers and fell for a second consecutive day against the Yen. The greenback’s weakness was due to continued uncertainty resulting from last week’s announcement in which Fed Chairman Ben ...
Dollar Dips Most Since February

Dollar Dips Most Since February

David Sumner | 09:05 | 23/09/13
The U.S. currency weakened the most since February as the FOMC statement took the markets by surprise when it announced it will not reduce stimulus and will wait for signs of steady growth before considering any major changes. Investors Whipsawed Despite recent ...
Sophie J. Fletcher

iFOREX Daily - September 23, 2013

Sophie J. Fletcher | 06:35 | 23/09/13
The U.S. Dollar dropped to the lowest level since the start of 2013 after the Federal Reserve opted for maintaining the current level of asset purchases. However, it advanced slightly towards the end of last week when the President of ...
BOJ Comments Boost Yen

BOJ Comments Boost Yen

David Sumner | 09:34 | 22/09/13
The greenback weakened against the Yen after the Bank of Japan’s Governor, Haruhiko Kuroda, delivered a speech in which he echoed prior statements reiterating that the bank’s goals were mainly to ensure that finances remain under control. Yen Trades Higher After ...