tag archive - ‘USD’

Bernanke May Cut Asset Purchases

David Sumner | 08:15 | 23/05/13

The U.S. Dollar climbed against the majority of its live Forex trading counterparts after the Federal Reserve’s Chairman, Ben S. Bernanke, testified before Congress. He stated that the central bank may scale back on the amount of monthly bond purchases ...

iFOREX Daily-May 23, 2013

Sophie J. Fletcher | 07:45 | 23/05/13

The U.S. Dollar rallied against the majority of its peers after the Federal Reserve Chairman, Ben Bernanke, testified before Congress. Mr. Bernanke stated that the central bank may scale back on the monthly asset purchases provided policy makers are confident ...

iFOREX Daily-May 22, 2013

Sophie J. Fletcher | 06:55 | 22/05/13

The U.S. Dollar rallied against the majority of its trading peers despite a lack of U.S. economic data, as investors await the Federal Reserve Chairman Ben Bernanke’s testimony on the country’s economic outlook before Congress, set later for today. The ...

iFOREX Daily-May 21, 2013

Sophie J. Fletcher | 07:35 | 21/05/13

The U.S. Dollar weakened against most of the majors, including the Yen, after Japan’s Economy Minister, Akira Amari, stated that further declines in the currency could have a negative impact on the country’s economy. Demand for the greenback remained low ...

iFOREX Daily-May 20, 2013

Sophie J. Fletcher | 06:55 | 20/05/13

Friday’s economic reports indicated that U.S. Consumer Sentiment climbed to the highest level since 2007 while the index of Leading Indicators more than doubled economists’ forecasts, two factors that caused the U.S. Dollar to rally versus the majority of its ...

iFOREX Daily-May 17, 2013

Sophie J. Fletcher | 07:55 | 17/05/13

The U.S. Dollar weakened against the Euro and the Yen on disappointing economic reports which dampened speculation that the Federal Reserve may slow its asset purchasing in the near future. The data released surprised market investors yet again, and prompted ...

iFOREX Daily-May 16, 2013

Sophie J. Fletcher | 07:26 | 16/05/13

The U.S. Dollar rallied to nine-month highs versus most of the majors, but struggled to retain its strength following a flurry of disappointing economic data. Official metrics showed that Manufacturing slowed down and Industrial output declined. Other releases showed that ...

iFOREX Daily-May 15, 2013

Sophie J. Fletcher | 20:10 | 15/05/13

The U.S. Dollar remained strong against most of the majors as lackluster reports relating to economic growth in the Euro region bolstered demand for safe havens. In the U.S., a release indicated that Import Prices fell 0.5 percent, just as ...

iFOREX Daily-May 14, 2013

Sophie J. Fletcher | 07:01 | 14/05/13

The U.S. Dollar strengthened against the majority of its trading counterparts as more positive data continued to flood in, and as China disappointed investors with lackluster economic reports revealing that Industrial Production advanced 9.3 percent last month, which was less ...

iFOREX Daily-May 13, 2013

Sophie J. Fletcher | 08:21 | 13/05/13

The U.S. Dollar traded at five-week highs against six of the majors on Friday following the release of positive economic reports indicating that fewer individuals than expected filed for Unemployment Benefits during the prior week. According to official figures, Jobless ...