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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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