Category Archives: News
U.S. Dollar Slips Broadly on Economic Recovery Concerns
The U.S. Dollar slipped in early morning trading in New York, striking new multi-month lows versus the Japanese Yen, Pound Sterling and the common currency Euro on growing concerns that the pace of the economic recovery in the United States is slowing…. Continue reading
USD Nearing Three Month Low
The USD hovered close to a three-month low versus a variety of currencies on Tuesday as a result of the perception that the U.S. growth outlook is declining, forcing the Federal Reserve to keep interest rates at a minimal level. Continue reading
U.S. Dollar Slips Versus Japanese Yen to New 2010 Low
With the release of new economic data showing that the American economy’s pace of recovery is slowing, the U.S. Dollar yesterday slipped to its lowest level this year against the Japanese yen. Continue reading
U.S. Dollar Slips Versus Japanese Yen to New 2010 Low
With the release of new economic data showing that the American economy’s pace of recovery is slowing, the U.S. Dollar yesterday slipped to its lowest level this year against the Japanese yen. Continue reading
Euro Approaches 11-week Peak in New York Trading
The common currency Euro rose versus the U.S. Dollar in early morning trading in New York, striking the highest level in more than 2 months. Continue reading
USD Showing Mixed Signals
The USD rallied vs the EUR but declined against the JPY on Wednesday as U.S. durable goods orders were weaker than was expected and added to fears about financial recovery in the world’s greatest economy. Continue reading
Disappointing U.S. Data helps Yen in New York Trading
The U.S. Dollar slipped versus the Japanese Yen in early New York trading following the release of U.S economic data. Continue reading
Disappointing U.S. Data helps Yen in New York Trading
The U.S. Dollar slipped versus the Japanese Yen in early New York trading following the release of U.S economic data. Continue reading
The EUR vs USD Disappoints
The EUR hovered directly under a key level vs the USD on Wednesday, affected by profit-taking after it hit an 11-week record, while the AUD decliens as inflation data pared the chances of an interest rate rise next week. Continue reading
Improved Housing Data Helps Topple Euro from 11-week High
The common currency Euro slipped from an 11-week peak versus the U.S. Dollar after the release of stronger U.S. housing prices helped the U.S. currency recoup earlier losses. Continue reading
