Category Archives: News

U.S. Default Worries Asian Creditors

With the U.S. government’s stalemate now entering week number two, the U.S. Dollar tumbled close to a recently struck 8-month trough as investors ponder lawmakers’ failure to reach any consensus and the affect that might have on the looming debt default date. Continue reading

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U.S. Default Worries Asian Creditors

With the U.S. government’s stalemate now entering week number two, the U.S. Dollar tumbled close to a recently struck 8-month trough as investors ponder lawmakers’ failure to reach any consensus and the affect that might have on the looming debt default date. Continue reading

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Dollar Claws for Ground

During Monday’s Asian trading session the U.S. Dollar once again failed to gain any traction against its safe haven rivals, the Swiss Franc and the Japanese Yen, while the U.S. Dollar Index remained near to an 8-month trough as the U.S. government’s stalemate enters another week. Continue reading

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Dollar Claws for Ground

During Monday’s Asian trading session the U.S. Dollar once again failed to gain any traction against its safe haven rivals, the Swiss Franc and the Japanese Yen, while the U.S. Dollar Index remained near to an 8-month trough as the U.S. government’s stalemate enters another week. Continue reading

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Dollar Weakens as Stalemate Continues

The common currency Euro is poised to strike its 2013 peak at any time, driven higher by unexpectedly encouraging economic data from the Eurozone and the closure of the U.S. government as a result of an impasse between the two major political parties. Continue reading

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Dollar Weakens as Stalemate Continues

The common currency Euro is poised to strike its 2013 peak at any time, driven higher by unexpectedly encouraging economic data from the Eurozone and the closure of the U.S. government as a result of an impasse between the two major political parties. Continue reading

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Euro Lifted by Parliamentary Vote

The Euro got a boost from comments made by the European Central Bank as well as positive political news from Italy. Continue reading

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Euro Lifted by Parliamentary Vote

The Euro got a boost from comments made by the European Central Bank as well as positive political news from Italy. Continue reading

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Dollar Suffers from Shutdown

As investors and analysts expected, the U.S. Dollar has become one of the first victims of the U.S. Federal government’s shutdown. The U.S. Dollar Index slipped hard against its major peers, touching on a fresh 8-month low, while safe haven currencies got a boost from investors’ uncertainty. Continue reading

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Dollar Suffers from Shutdown

As investors and analysts expected, the U.S. Dollar has become one of the first victims of the U.S. Federal government’s shutdown. The U.S. Dollar Index slipped hard against its major peers, touching on a fresh 8-month low, while safe haven currencies got a boost from investors’ uncertainty. Continue reading

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