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Dollar Pulls Back From 14 Month Low

Bernanke’s Remarks Help Dollar The US dollar recouped some of this weeks losses after Federal Reserve Chairman Ben Bernanke said he was contemplating an exit strategy from quantitative easing and low interest rates. After a heavy pummeling this week the greenback pulled back from a 14 month low against other major currencies. Many investors and […]

Kiwi Dollar Big Winner Again

US Dollar Resumes Slide The US dollar declined against a basket of major currencies on Wednesday (Sept. 23rd) hitting a one year low. Currency traders dumped the greenback on speculation that the Fed will keep rates at record lows sending investors in search if higher yielding assets. Tohru Sasak of JP Morgan Chase Bank stated, […]

Dollar Rises in Advance of FOMC, G 20 Meetings

Dollar vs. Yen Gains 1% The US dollar rose on Monday against the Japanese yen as investors pulled back from bets against the greenback in advance of the Federal Open Market Committee meeting and the G 20 summit scheduled later this week. The dollar vs. yen rate gained slightly more than 1% although gains were […]

Pound Hits Four Month Low

UK Unemployment Figures at Highest Level Since 1995 The pound fell to a four month low as UK unemployment figures rose to the highest level since 1995 paring recovery hopes in the UK. The pound to euro exchange rate fell to 89.01 pence per euro. The Office for National Statistics reported that the number of […]

Fed Rates to Continue at Historic Lows

The greenback fell slightly on Thursday as the Fed announced that interest rates would continue at historical lows and the purchase of Treasuries would be extended for a month. The Fed also had a more positive view of the US economy raising risk appetite and pressuring the dollar.

Investors Cautious in Advance of FOMC Meeting

Dollar Falls Slightly Against Euro Currency traders and investors became somewhat cautious in advance of Wednesday’s FOMC statement. The US dollar fell from a one and a half week against the euro and the dollar struggled against the yen in a trading session that many described as ‘choppy.’ Forex markets saw waning risk sentiment in […]

Dollar Pulls Back From 14 Month Low

Dollar Pulls Back From 14 Month Low

09 October 2009

Bernanke’s Remarks Help Dollar The US dollar recouped some of this weeks losses after Federal Reserve Chairman Ben Bernanke said he was contemplating an exit strategy from quantitative easing and low interest rates. After a heavy pummeling this week the greenback pulled back from a 14 month low against other major currencies. Many investors and […]

Read the full story

Posted in Featured Articles, Forex ExchangeComments (0)

Kiwi Dollar Big Winner Again

Kiwi Dollar Big Winner Again

23 September 2009

US Dollar Resumes Slide The US dollar declined against a basket of major currencies on Wednesday (Sept. 23rd) hitting a one year low. Currency traders dumped the greenback on speculation that the Fed will keep rates at record lows sending investors in search if higher yielding assets. Tohru Sasak of JP Morgan Chase Bank stated, […]

Read the full story

Posted in Featured Articles, Forex MarketComments Off on Kiwi Dollar Big Winner Again

Dollar Rises in Advance of FOMC, G 20 Meetings

Dollar Rises in Advance of FOMC, G 20 Meetings

21 September 2009

Dollar vs. Yen Gains 1% The US dollar rose on Monday against the Japanese yen as investors pulled back from bets against the greenback in advance of the Federal Open Market Committee meeting and the G 20 summit scheduled later this week. The dollar vs. yen rate gained slightly more than 1% although gains were […]

Read the full story

Posted in Featured Articles, Forex MarketComments Off on Dollar Rises in Advance of FOMC, G 20 Meetings

Pound Hits Four Month Low

Pound Hits Four Month Low

16 September 2009

UK Unemployment Figures at Highest Level Since 1995 The pound fell to a four month low as UK unemployment figures rose to the highest level since 1995 paring recovery hopes in the UK. The pound to euro exchange rate fell to 89.01 pence per euro. The Office for National Statistics reported that the number of […]

Read the full story

Posted in Featured Articles, Forex ExchangeComments Off on Pound Hits Four Month Low

Fed Rates to Continue at Historic Lows

Fed Rates to Continue at Historic Lows

13 August 2009

The greenback fell slightly on Thursday as the Fed announced that interest rates would continue at historical lows and the purchase of Treasuries would be extended for a month. The Fed also had a more positive view of the US economy raising risk appetite and pressuring the dollar.

Read the full story

Posted in Featured ArticlesComments Off on Fed Rates to Continue at Historic Lows

Investors Cautious in Advance of FOMC Meeting

Investors Cautious in Advance of FOMC Meeting

12 August 2009

Dollar Falls Slightly Against Euro Currency traders and investors became somewhat cautious in advance of Wednesday’s FOMC statement. The US dollar fell from a one and a half week against the euro and the dollar struggled against the yen in a trading session that many described as ‘choppy.’ Forex markets saw waning risk sentiment in […]

Read the full story

Posted in Featured ArticlesComments Off on Investors Cautious in Advance of FOMC Meeting

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