tag archive - ‘USD’

iFOREX Daily-March 28, 2013

Sophie J. Fletcher | 08:21 | 28/03/13

The U.S. Dollar rallied against the majority of its Forex counterparts as Italy’s political parties reached an impasse, raising concerns that this could have a negative effect on the current reforms. Demand for the greenback was also bolstered by concern ...

iFOREX Daily-March 27, 2013

Sophie J. Fletcher | 08:46 | 27/03/13

Following the release of mixed data out of the U.S., the greenback traded steady to low against the majority of its forex counterparts. Several economic reports disappointed the Federal Reserve, supporting its decision to carry on with the current asset-purchasing ...

iFOREX Daily-March 26, 2013

Sophie J. Fletcher | 08:01 | 26/03/13

The U.S. Dollar advanced against the majority of its counterparts as relief over the Cyprus bailout quickly turned to worry. Investors are now concerned that this agreement may be used as a template to recapitalize other Euro-zone banks. Early on ...

iFOREX Daily-March 25, 2013

Sophie J. Fletcher | 08:46 | 25/03/13

The U.S. Dollar rallied versus most of the majors as the deadline for the Cyprus bailout approached. And the U.S. Congress passed spending cuts to the amount of $1.2 trillion, thereby preventing a number of Federal agencies from having to ...

iFOREX Daily-March 22, 2013

Sophie J. Fletcher | 08:45 | 22/03/13

The U.S. Dollar traded mixed and rose against the Euro as worries over the economic outlook for the Euro region and the banking crisis in Cyprus bolstered appeal for safe havens. The demand for refuge increased further after the European ...

iFOREX Daily-March 21, 2013

Sophie J. Fletcher | 08:35 | 21/03/13

The U.S. Dollar traded low against most of its peers after the Federal Reserve indicated that the country’s employment sector has recovered, but still warrants the continuation of the current monetary easing program. The Fed also stated that the unemployment ...

iFOREX Daily-March 20, 2013

Sophie J. Fletcher | 08:15 | 20/03/13

The U.S. Dollar rallied against the majority of its peers in anticipation of the Federal Reserve’s two-day meeting during which policy makers are expected to address the current stimulus program. The greenback remained strong as the situation in Cyprus prompted ...

iFOREX Daily-March 19, 2013

Sophie J. Fletcher | 08:30 | 19/03/13

The U.S. Dollar rallied against most of the majors as a proposed tax on Cypriot bank deposits appeared to worsen the Euro-region’s debt crisis. On Monday, risk appetite ebbed in the markets due to news that revealed depositors in Cyprus ...

iFOREX Daily-March 18, 2013

Sophie J. Fletcher | 08:36 | 18/03/13

The U.S. Dollar traded at a one-week low versus the Euro after reports indicated that inflation for the biggest economy has been contained. Analysts speculate that this may prompt the Federal Reserve to continue with the current stimulus program. The ...

iFOREX Daily- March 15, 2013

Sophie J. Fletcher | 08:40 | 15/03/13

The U.S. Dollar weakened after it reached the highest level since the month of December versus the Euro as European leaders met to discuss ways to improve economic growth. On the data front, the U.S. Labor Department reported that Initial ...