The US dollar advanced today against all major currencies as Forex traders expect Federal Reserve Chairman Ben S. Bernanke will signal this week about additional stimulus for the US economy.
Showing posts with label forex news. Show all posts
Showing posts with label forex news. Show all posts
Saturday, August 27, 2011
Dollar Gains Before Bernanke Speech
August 24th, 2011 The US dollar advanced today against all major currencies as Forex traders expect Federal Reserve Chairman Ben S. Bernanke will signal this week about additional stimulus for the US economy.
The US dollar advanced today against all major currencies as Forex traders expect Federal Reserve Chairman Ben S. Bernanke will signal this week about additional stimulus for the US economy.
Loonie Feels Better with Good Signs from US
August 24th, 2011 
The Canadian dollar gained today versus most its major peers as the signs of stronger US economic growth and anticipation of new round of quantitative easing in the US improved prospects for the Canadian currency.
The Canadian dollar gained today versus most its major peers as the signs of stronger US economic growth and anticipation of new round of quantitative easing in the US improved prospects for the Canadian currency.
GBP Falls vs. EUR with Consumer Confidence & Retail Sales
August 25th, 2011 
The Great Britain pound fell today against the euro and fluctuated versus the dollar as the signs that the economy of the UK is weakening made the sterling less attractive to Forex traders.
The Great Britain pound fell today against the euro and fluctuated versus the dollar as the signs that the economy of the UK is weakening made the sterling less attractive to Forex traders.Australia’s Dollar Weakens on Germany’s Consumer Confidence
August 25th, 2011 
The Australian dollar fell today against most major currencies, before rebounding, as the report showed consumer confidence in Germany declined this month, reducing appeal of higher-yielding assets.
The Australian dollar fell today against most major currencies, before rebounding, as the report showed consumer confidence in Germany declined this month, reducing appeal of higher-yielding assets.Euro Falls for Second Day vs. Dollar
August 25th, 2011 
The euro fell against the US dollar for the second day and erased gains versus the Swiss franc today as investors are less willing to buy the currency amid signs of problems in Europe and concerns of global economic slowdown
The euro fell against the US dollar for the second day and erased gains versus the Swiss franc today as investors are less willing to buy the currency amid signs of problems in Europe and concerns of global economic slowdown
Will Bernanke Announce QE3? Will Dollar Decline?
gust 25th, 2011
US DollarUS Dollar The US dollar continued to rise today ahead of tomorrow’s speech of Federal Reserve Chairman Ben S. Bernanke, who is expected to announce a new round of quantitative easing. Some economists believe such expectations are futile.
Aussie Recovers on Stevens’ Speech
August 26th, 2011 The Australian dollar strengthened today as the statement of nation’s central bank Governor Glenn Stevens spurred the speculation that the Reserve Bank of Australia won’t cut interest rates
The Australian dollar strengthened today as the statement of nation’s central bank Governor Glenn Stevens spurred the speculation that the Reserve Bank of Australia won’t cut interest rates
Pound Goes Down as UK Economy Slows
August 26th, 2011 The Great Britain pound weakened against the Japanese yen and slowed its advance versus the US dollar after the report showed the UK economy grew with slower pace in the second quarter.
The Great Britain pound weakened against the Japanese yen and slowed its advance versus the US dollar after the report showed the UK economy grew with slower pace in the second quarter.
Friday, August 26, 2011
Aussie Recovers on Stevens’ Speech
Pound Goes Down as UK Economy Slows
The Great Britain pound weakened against the Japanese yen and slowed its advance versus the US dollar after the report showed the UK economy grew with slower pace in the second quarter.The revised figure for growth of UK gross domestic product in the second quarter of 2011 was 0.2 percent, the same as in the preliminary estimate. It indicates slower expansion, compared to 0.5 percent growth in the first quarter. The report also mentioned that several special events affected Britain’s economy in Q2: the additional April public holiday, the royal wedding and the aftereffects of the Japanese tsunami.
GBP/JPY fell from 126.12 to 125.68 today as of 9:24 GMT and touched the daily low of 125.41 earlier. GBP/USD climbed from 1.6278 to 1.6332.
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