tag archive - ‘Federal Reserve’

Sophie J. Fletcher

iFOREX Daily - September 20, 2013

Sophie J. Fletcher | 07:55 | 20/09/13
The U.S. Dollar came close to trading at a seven-month low after the Federal Reserve issued a much anticipated statement confirming that it would not begin scaling back on stimulus at this time, given the fact that the economy hasn’t ...
Sophie J. Fletcher

iFOREX Daily - September 19, 2013

Sophie J. Fletcher | 07:35 | 19/09/13
The U.S. Dollar traded mixed against the majors and at one point reached close to five-week lows while investors awaited the Federal Reserve to issue the highly expected announcement regarding stimuli. The markets failed to react to announcements by the ...
Euro Advances Versus Majors

Euro Advances Versus Majors

David Sumner | 08:45 | 18/09/13
The Euro continued its rally versus the Dollar and the Yen as official reports showed that investor confidence in Germany, the largest economy in the E.U., improved more than forecast as industry reports confirmed a major surge. Economy Gains Further Momentum Official ...
Sophie J. Fletcher

iFOREX Daily - September 18, 2013

Sophie J. Fletcher | 06:45 | 18/09/13
Anticipation over an upcoming Federal Reserve announcement at the conclusion of its two-day meeting kept the U.S. Dollar from strengthening on Tuesday. The greenback was only able to advance versus the Yen for a brief period as investors traded cautiously ...
Dollar Trades Lower Against Euro

Dollar Trades Lower Against Euro

David Sumner | 08:14 | 17/09/13
The Dollar dropped against the Euro a the Former Treasury Secretary of the United States, Lawrence Summers, announced his withdrawal from the race for Chairman of the Federal Reserve, thereby sparking doubts over an early end to stimulus. U.S. Currency Trades ...
Sophie J. Fletcher

iFOREX Daily - September 17, 2013

Sophie J. Fletcher | 06:55 | 17/09/13
The U.S. Dollar plunged against most of its forex counterparts as Lawrence Summers, the former U.S. Treasury Secretary, announced that he had withdrawn his name from the list of candidates for the next Federal Reserve Chairman. Current Chairman Ben ...
Sterling Continues Its Rally

Sterling Continues Its Rally

David Sumner | 09:29 | 16/09/13
The Pound continued on an upward trend as reports showing a surprising drop in the level of unemployment and a hike in home values confirmed that the nation’s economy was improving. The Pound extended gains against the Dollar. British Pound Strengthens ...
Sophie J. Fletcher

iFOREX Daily - September 16, 2013

Sophie J. Fletcher | 09:05 | 16/09/13
The U.S. Dollar depreciated against the majority of its forex peers on Friday subsequent to the publication of what economists considered less than stellar metrics, thereby casting doubts over the Federal Reserve’s next move and the possibility it will reduce ...
Euro Advanced Against The Greenback

Euro Advanced Against The Greenback

David Sumner | 08:35 | 15/09/13
The Euro climbed against the U.S. Dollar before erasing gains as the U.S. issued mixed data. Investors await the release of consumer sentiment, which they hope will provide a better picture on when the Fed plans to reduce stimulus. Inflation Weighs ...
Sophie J. Fletcher

iFOREX Daily - September 12, 2013

Sophie J. Fletcher | 07:25 | 12/09/13
The U.S. Dollar made little change on Wednesday after the White House indicated that President Barack Obama was engaging in talks with U.K. and French leaders in an effort to obtain a resolution from the U.N. to hold Syria to ...