Tag Archives : U.S. dollar

Dollar Reduced its Losses As Dubai Debt Fears Remain

Dollar Reduced its Losses As Dubai Debt Fears Remain

On Monday morning in New York the dollar recovered some of its earlier losses as investors continue to fret over Dubai’s debt crisis despite of the United Arab Emirates’ move of providing funds to local banks. On the day the U.S. currency remains down against…

Canadian Dollar dropped down as Stocks fall on Concern Rally Overdone

Canadian Dollar dropped down as Stocks fall on Concern Rally Overdone

The Canadian dollar has drooped down against 13 of its 16 most-traded counterparts and it has gained only against the currencies of New Zealand, Australia and South Africa. The U.S. dollar has shown a rise against all but two major currencies as…

British pound becomes week on Budget Deficit

British pound becomes week on Budget Deficit

As the U.K. posted its worst deficit figures since the measurement start, the pound had a negative week against the U.S. dollar. This has decreased the attractiveness for the British currency which has performed positively in the week…

FOREX-Dollar boosted by Bernanke comments

FOREX-Dollar boosted by Bernanke comments

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…

Dollar Higher, But Pares Gains In Recent Trading

Dollar Higher, But Pares Gains In Recent Trading

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…

US Dollar near 1-year low as consumer sentiment improves

US Dollar near 1-year low as consumer sentiment improves

On Friday, there has been a fall of the U.S. dollar to a one-year low against major currencies as investor optimism about the global economy has been reinforced by Chinese and U.S. economic data and…

Dollar touches 2009 lows as Risk Appetite Increases

Dollar touches 2009 lows as Risk Appetite Increases

On Wednesday the U.S. dollar fell, as investors moved to riskier assets like stocks and higher-yielding currencies and now it has touched new low levels for 2009 against major currencies.Hopes for economic recovery has been supported by the rally in European and U.S. stocks, and together with the fall in U.S. dollar borrowing costs, it has encouraged investors to…

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