Posts tagged as:

foreign currencies

Forex: Trading Online

December 20, 2009

What is Forex trading? Only few of people are aware of it. If you are not aware of it once you are aware you will eager to join it. Forex stands for Foreign Exchange Trading. It comprise of purchasing and selling of different currencies. This is done on hand and there are people who earn a lot of money trading with it along with…

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Dollar gained Against Yen On BoJ’s Comments

December 18, 2009

Early Friday in New York the dollar rose to its highest rate in almost two weeks against the yen after that the Bank of Japan renewed its pledge to fight deflation….

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Dollar Jumped to 3- Month High; Euro Suffered Loss

December 17, 2009

On Thursday the dollar surged to a three-month high Vs a currency basket, buoyed by an upbeat tone from the Federal Reserve, while on fresh concerns about Greece’s waning fiscal health the euro…

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EUR/USD hits 2 1/2-Month low, hit by ZEW survey

December 16, 2009

On Tuesday the euro hit a 2-1/2-month low versus dollar, effected by concerns about the health of euro zone banks, while traders have also been prompted by a slip in German economic sentiment to dump the single currency…

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EUR/USD hits 2 1/2-Month low, hit by ZEW survey

December 15, 2009

On Tuesday the euro hit a 2-1/2-month low versus dollar, effected by concerns about the health of euro zone banks, while traders have also been prompted by a slip in German economic sentiment to dump the single currency…

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Euro gained Vs Dollar, boosted after Dubai Secures Funding

December 14, 2009

On Monday after Dubai’s announcement that it had received help from Abu Dhabi to repay its debts improved risk appetite and reduced some of the U.S. currency’s safe-haven appeal and as a result of this, the euro has shown a rise versus…

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Momentum gained by Dollar Bullish Trends

December 12, 2009

This week the dollar ended with the highest rate against the European common currency. This happened after it has been suggested by the positive reports in the U.S. that the North American economy’s pace of recovery is accelerating. This in turn…

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Dollar fell against Euro after U.S. data

December 10, 2009

On Thursday after a narrower-than-expected U.S. trade deficit for October and better continuing jobless claims, the dollar fell versus euro and reduced its gains against the yen . This has pared the safe-haven demand for…

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Dollar Flat ahead of U.S. jobs data; Canadian dollar climbed

December 4, 2009

On Friday as investors waited for the U.S. government’s monthly employment report to offer clues to the potential pace of tightening in U.S. monetary policy so, the dollar was slow versus a basket of major currencies.In November the U.S. economy lost 130,000 jobs, as compared to…

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Dollar Supported By ECB Comments On Strong Dollar

December 3, 2009

After that The European Central Bank President Jean-Claude Trichet expressed support for a strong dollar and as he announced small steps toward the withdrawal of extraordinary liquidity measures, the dollar recovered from near 16-month lows against the euro. European Central Bank President’s Statement It has been said by Trichet that the euro zone had a [...]

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