tag archive - ‘forex’

Investors Await Fed Meeting

David Sumner | 06:55 | 18/06/13

The U.S. Dollar rallied against the Yen as investors look forward to the Federal Reserve’s two-day monetary policy meeting while speculating on whether policy makers will scale back the monthly asset purchases or not. The greenback received support as demand ...

iFOREX Daily-June 18, 2013

Sophie J. Fletcher | 06:51 | 18/06/13

The U.S. Dollar traded mixed as volatility in the Forex market continued in anticipation of the Federal Reserve’s two-day meeting which starts today. It appears that risk appetite increased over the weekend but investors are still cautious as they await ...

U.K. Unemployment Drops

David Sumner | 07:40 | 17/06/13

The British Pound extended gains for a third week against the U.S. Dollar after reports indicated that the U.K.’s jobless claims declined more than forecast in May, thereby suggesting the country’s economy was improving. This raised speculation that the Bank ...

iFOREX Daily- June 17, 2013

Sophie J. Fletcher | 07:05 | 17/06/13

June has been quite a volatile month in the Forex market and it appears that the exchange won’t quiet down any time soon, especially as a string of important global economic reports are due out soon. Investors are anxiously awaiting ...

BOJ Releases Policy Meeting Minutes

David Sumner | 07:20 | 16/06/13

The Yen advanced against most of its Forex trading counterparts following the release of the Bank of Japan’s Monetary Policy meeting minutes, which revealed that one policy maker supported the idea of limiting stimulus to two years. The Japanese monetary ...

iFOREX Daily-June 14, 2013

Sophie J. Fletcher | 07:45 | 14/06/13

The U.S. Dollar traded mixed following the release of positive sales and jobs data; however, the releases were overshadowed by volatile trading and a big drop on Japan’s Nikkei which prompted the Yen to rally. Investors have grown concerned over ...

Investors Search For Clues On Stimulus Cutback

David Sumner | 07:20 | 13/06/13

Forex market investors continued looking for clues that would indicate whether the Federal Reserve will begin to cut back on monthly asset purchases any time soon. This prompted the U.S. Dollar to erase gains and to decline against the Yen ...

BOJ Keeps Stimulus Unchanged

David Sumner | 08:00 | 12/06/13

The Bank of Japan announced that it will not introduce further stimulus measures at this time, prompting the Yen to appreciate versus all of its Forex market counterparts. The Japanese monetary unit snapped two days of declines against the greenback ...

S & P Revises Outlook For U.S.

David Sumner | 07:50 | 11/06/13

The U.S. Dollar gained against most of its money exchange peers after the Standard & Poor’s revised the AA+ U.S. credit rating from negative to stable two years after stripped it of its top ranking. The S & P cited ...

U.K. Shows Signs Of Improvement

David Sumner | 06:50 | 10/06/13

The British Pound sustained the biggest weekly increase against the U.S. Dollar in more than three years after a flurry of domestic data signaled that the economy has improved. According to Markit Economics and the Chartered Institute of Purchasing and ...