Category Archives: News
Safe Haven Flight Provides Support for Greenback
The U.S. Dollar paused in its downtrend which began on Thursday’s trading session as investors’ fears of a global growth slowdown temporarily halted their consideration for prolonged dollar softness. Continue reading
Safe Haven Flight Provides Support for Greenback
The U.S. Dollar paused in its downtrend which began on Thursday’s trading session as investors’ fears of a global growth slowdown temporarily halted their consideration for prolonged dollar softness. Continue reading
Dollar Drops as Bernanke Comments Surprise
The U.S. Dollar fell on Thursday following comments made by Ben Bernanke, the Federal Reserve chief, who unexpectedly cautioned markets that the Fed might have to keep the Fed’s accommodative stance in position for a longer period of time as the unemployment rate could be disguising some labor market weakness, but that it would also be dependent upon inflation rates staying low. Continue reading
Dollar Drops as Bernanke Comments Surprise
The U.S. Dollar fell on Thursday following comments made by Ben Bernanke, the Federal Reserve chief, who unexpectedly cautioned markets that the Fed might have to keep the Fed’s accommodative stance in position for a longer period of time as the unemployment rate could be disguising some labor market weakness, but that it would also be dependent upon inflation rates staying low. Continue reading
Dollar Up as China Data Weights on Commodity Currencies
The U.S. Dollar Index held close to a recently struck 3-year high after a release of unexpectedly dismal trade data from China confirmed speculation that the economy there is slowing. Continue reading
Dollar Up as China Data Weights on Commodity Currencies
The U.S. Dollar Index held close to a recently struck 3-year high after a release of unexpectedly dismal trade data from China confirmed speculation that the economy there is slowing. Continue reading
Risk Aversion Sends U.S. Dollar Higher
In spite of the U.S. Super Committee’s failure to come to some consensus regarding the U.S. deficit, investors view the ongoing crisis in the Eurozone as a situation more worrying, thus have sought the safe-haven refuge of the greenback, pushing it higher against the Euro. Continue reading
Risk Aversion Sends U.S. Dollar Higher
In spite of the U.S. Super Committee’s failure to come to some consensus regarding the U.S. deficit, investors view the ongoing crisis in the Eurozone as a situation more worrying, thus have sought the safe-haven refuge of the greenback, pushing it higher against the Euro. Continue reading
Dollar’s Rise Halted by Outlook Solid
The U.S. Dollar slipped from a recently struck 3-year peak but analysts expect that it will continue to strengthen in the longer term on growing expectations that the Federal Reserve Bank stands poised to curtail its existing asset purchase program. Continue reading
Dollar’s Rise Halted by Outlook Solid
The U.S. Dollar slipped from a recently struck 3-year peak but analysts expect that it will continue to strengthen in the longer term on growing expectations that the Federal Reserve Bank stands poised to curtail its existing asset purchase program. Continue reading
