tag archive - ‘Federal Reserve’

Markets Respond To IMF Outlook

Markets Respond To IMF Outlook

David Sumner | 07:45 | 10/07/13
The U.S. Dollar traded remarkably higher against the British Pound and the Euro after the International Monetary Fund projected that the U.S. economy would only expand 1.7%, rather than the previously indicated 1.9%. The IMF also reduced its growth outlook ...
Sophie J. Fletcher

iFOREX Daily - July 10, 2013

Sophie J. Fletcher | 07:01 | 10/07/13
The U.S. Dollar traded remarkably higher against the Euro and the British Pound after the International Monetary Fund issued its growth forecasts for the major global economies. According to the IMF, the U.S.’s economy may only expand 1.7, rather than ...
Greenback Down From 3-Year Highs

Greenback Down From 3-Year Highs

David Sumner | 07:20 | 09/07/13
The U.S. Dollar declined after having reached three-year highs following the release of better than expected jobs data which bolstered speculation that the Federal Reserve may soon begin cutting back on stimulus. Foreign exchange Investors look forward to this week ...
Sophie J. Fletcher

iFOREX Daily - July 9, 2013

Sophie J. Fletcher | 06:55 | 09/07/13
The U.S. Dollar surged to a three-year high subsequent to the release of better than anticipated Employment data, which bolstered speculation the Federal Reserve may soon begin cutting back on stimulus. However, the greenback retreated from gains made on Monday ...
Speculation Fuels Dollar’s Surge

Speculation Fuels Dollar’s Surge

David Sumner | 07:10 | 08/07/13
Economic reports issued on Friday denoting that the world’s biggest economy continues to show improvement bolstered speculation that the Federal Reserve may begin cutting back on its monthly asset purchases shortly. This caused the U.S. currency to trade at the ...
Sophie J. Fletcher

iFOREX Daily - July 8, 2013

Sophie J. Fletcher | 07:05 | 08/07/13
Following Non-farm payroll reports on Friday, the U.S. Dollar rallied to the highest price in close to three years. The sudden surge was prompted by speculation that better than anticipated Jobs data, which showed U.S. employers added 195,000 payrolls for ...
Sophie J. Fletcher

iFOREX Daily - July 5, 2013

Sophie J. Fletcher | 08:35 | 05/07/13
Despite the fact that U.S. markets were closed on Thursday in observance of Independence Day, the foreign currency exchange saw some big moves. The U.S. dollar rallied to five-week highs against the British Pound and the Euro surpassing key psychological ...
Sophie J. Fletcher

iFOREX Daily - July 4, 2013

Sophie J. Fletcher | 08:05 | 04/07/13
The U.S. Dollar started off trading mixed against its peers following the release of economic data, however it later declined as market investors worldwide sought out safe havens after reports indicated the possibility of a military coup in Egypt. The ...
British Economy Remains On Track

British Economy Remains On Track

David Sumner | 07:30 | 03/07/13
The British Pound rallied for the first time in one week against the Euro currency subsequent to the release of official reports which confirmed that construction expanded during the month of June, suggesting the country’s economy remains on track for ...
Sophie J. Fletcher

iFOREX Daily - July 3, 2013

Sophie J. Fletcher | 07:25 | 03/07/13
The U.S. Dollar rallied against most of the majors and although it appears as if the advance was due to the positive Factory Orders data, the greenback began its upward climb as market investors purchased U.S. Dollars in anticipation of ...
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