Posted by R. MAK. on November 26, 2009 ·
On Thursday the dollar is still rising after midday in Europe. There are currently two factors that are driving this rise in dollar. One is the fear of a debt default by Dubai World and the other is talk of intervention by the Bank of Japan and suspected intervention by the Swiss National Bank. This has reversed the dollar’s recent sharp fall which took it down to a…
Posted by R. MAK. on November 25, 2009 ·
As the decline in weekly jobless claims and a rise in personal consumption improved the outlook for the U.S. economy, the dollar fell to a fresh 15-month low against a basket of currencies on Wednesday. Traders had earlier sold the dollar across the board, which results in pushing the dollar to a 10-month low against the yen, as it has been showed by…
Posted by R. MAK. on November 18, 2009 ·
On Wednesday the dollar fell against most major currencies as dealers took profits on the currency’s biggest rise in three weeks, having fresh data doing little to change the view that U.S. interest rates will remain at record lows well into 2010…
Posted by R. MAK. on September 25, 2009 ·
On Friday the dollar has shown a fall to a 7-1/2-month low beneath the key 90-yen level after the G20 pledged to continue emergency stimulus spending until a recovery takes hold, suggesting U.S. interest rates…
