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U.S. Dollar Falls to new 13-month Trough Versus Canadian Dollar
August 6, 2010 by admin
The Canadian Dollar struck a new 13-week peak versus the U.S. Dollar in early New York trading in advance of critical North American jobs reports to be released tomorrow by the U.S. and Canadian Labor Departments.
Source: DailyForex News
The Dollar Showing Signs of Distress
August 5, 2010 by admin
The USD hit an 8 month low VS the JPY and hovered near a three-month trough against the EUR on Wednesday.
Source: DailyForex News
Forex: AUD/USD rises further to 13-week high
August 4, 2010 by admin
Forex: AUD/USD rises further to 13-week high
FXstreet.com (Córdoba) – The Australian Dollar extended its rally from 0.8300 (July lows) and reached at 0.9149, the highest price in 13 weeks. The Aussie gained momentum as risk appetite improved despite weak US economic data.
Read more on The Forex Market
U.S. Dollar Slips Broadly on Economic Recovery Concerns
August 4, 2010 by admin
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. As reported at 9:21 a.m.
Source: DailyForex News
European Banks Stress Tests Reveal No Shocks
August 2, 2010 by admin
The EUR hovered close to a two-month record vs the USD on Tuesday, retaining support after last week's European bank stress tests revealed no issues while demand for riskier assets weighed on the dollar increased significantly.
Source: DailyForex News
The EUR vs USD Disappoints
August 1, 2010 by admin
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.
Source: DailyForex News
Euro Approaches 11-week Peak in New York Trading
July 31, 2010 by admin
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.
Source: DailyForex News
Forex: GBP/USD run extends to 1.5720
July 31, 2010 by admin
Forex: GBP/USD run extends to 1.5720
FXstreet.com (Buenos Aires) – Pound accelerated to the upside breaking 1.5700 level, having reached at the time of writing an intraday high of 1.5720, posting a fresh 5-month high, confirming the bullish tone the UK currency presented all the week.
Read more on The Forex Market
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July 31, 2010 by admin
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U.S. Dollar Slips Versus Japanese Yen to New 2010 Low
July 31, 2010 by admin
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.
Source: DailyForex News
