Posted by R. MAK. on 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…
Posted by R. MAK. on 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…
Posted by R. MAK. on December 11, 2009 ·
On Friday, the dollar reaches its strongest levels in a month versus many of its widely traded rivals, as better-than-expected U.S. economic data has supported anticipations that the key U.S. rates could rise sooner than expected…
Posted by R. MAK. on 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 [...]
Posted by R. MAK. on November 21, 2009 ·
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…
Posted by R. MAK. on November 20, 2009 ·
On Friday the dollar rise, giving an extension to the previous day’s gains as investors retreated from riskier assets, taking the shine off higher-yielding currencies such as the Australian dollar.Today Tokyo’s Nikkei average fell 0.5% and after the U.S. S&P 500 index suffered its worst one-day percentage fall in three weeks on…
Posted by R. MAK. on October 11, 2009 ·
FX trading is also known as foreign exchange trading, FX trading has to deal with the process of exchanging the currency of one country for the equivalent value of currency that is issued by a different country. The FX trading has a goal and that is…
Posted by R. MAK. on September 29, 2009 ·
The means of purchasing through trade is known as Currency. Today, generally currency refers to printed or minted money. Sometimes only paper bills are considered as a currency, while other times coins are also included in currency. The exchange of goods or services for cash is…
Posted by R. MAK. on August 7, 2009 ·
Foreign exchange reserves (also referred to as Forex reserves) in a strict sense are only the foreign currency deposits and bonds that are held by central banks and monetary authorities. However, commonly foreign exchange and gold, SDRs and IMF reserve positions are…
Posted by R. MAK. on August 6, 2009 ·
The Trade Weighted US dollar Index, which is also referred to as the broad index, is a measure of the value of the US Dollar relative to other world currencies. It is identical to the US Dollar Index in a way that its numerical value is determined as a weighted average of the price of…
