From the category archives:

currency

What do you know about Cash Sale?

October 27, 2009

The term “cash sale” can be used by the people in several different contexts. A cash sale has to deal with the purchase of goods or services, in just about every situation, and it involves the immediate possession of the new owner, without any amount of time between purchase and assuming full ownership. On a daily basis people…

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Dollar falls to 14-month low Against Euro

October 14, 2009

On Wednesday the dollar has shown a drop to a 14-month low against a basket of currencies and the euro, dented by anticipations that solid JPMorgan Chase results and rising stock and commodity prices bode well for…

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Euro Pulls Back From Yearly High Versus Dollar

October 13, 2009

As falling stocks in the U.S. and Europe reduced risk appeal, the euro gave back some recent gains against its major rivals. Earlier, the 16-member currency against the dollar and pound had extended…

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Dollar gains against yen for second straight session

October 12, 2009

On Monday, the dollar gained for the second straight session against the yen, as today it has raised to a more than two-week high, with traders covering short positions as they debated the timing of a tightening in U.S. monetary policy though there are some investors that…

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FOREX-Dollar boosted by Bernanke comments

October 11, 2009

On Friday the dollar rose broadly after Federal Reserve Chairman Ben Bernanke said that the central bank will be ready to tighten monetary policy as an economic recovery takes hold.The U.S. dollar, which took a beating for much of the week, has recovered some losses against the euro and it has pulled away from a more…

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Dollar Weakens Slightly Ahead of US Jobs Data

October 2, 2009

On Friday in early New York trading, the dollar weakened slightly, as cautious investors wait for U.S. non-farm payroll numbers to be released.It is anticipated by the economists that the September number would show some improvement, but a disappointment could trigger a flight to the…

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Pound Rises on IMF Forecast for 2010 GDP growth in the U.K

October 1, 2009

After the IMF has affirmed that the United Kingdom will grow more than previously announced for the next year, the pound has managed to pare early losses versus the euro and the dollar.Yesterday and today the pound has found support on International Monetary Fund report having a renewed forecast for…

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Dollar Dropped Down on Interest Rate Speculations

September 30, 2009

Today in the beginning of the Asian trading session the U.S. currency cut out previous gains as speculations suggested that in the United Stated, interest rates will be maintained at record lows for an extended period of time, with this it is indicated that…

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Dollar/yen claws back from 8-month low, euro hit low

September 29, 2009

On Tuesday the dollar edged up against the yen, correcting steep gains that has been made the previous day as Japan’s finance minister backtracked over its tolerance of a stronger yen. On Monday the U.S. currency clawed back from an eight-month low…

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Dollar Higher, But Pares Gains In Recent Trading

September 28, 2009

On Monday morning the U.S. dollar against most currencies is moderately higher as investors remain apprehensive about the global economy and riskier assets, at this stage the Japanese yen has been the only major currency that has…

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