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USD Trading Subdued, Labor Data Looms
May 5, 2012 by admin
The U.S. Dollar steadied in Asian trade versus both the Japanese Yen and the Euro but could be under significant pressure if today’s U.S. Non-farms data disappoints as it did in March. Source: DailyForex.com Forex New
Euro under Pressure as ECB Looms
May 4, 2012 by admin
The Euro slipped and held near to a 2-week low versus the U.S. Dollar, falling overnight as still more dismal economic news puts pressure and the spotlight on the European Central Bank which will announce the outcome of its monthly policy meeting later today. Source: DailyForex.com Forex New
U.S. Dollar Recovers on Strong Data
May 3, 2012 by admin
The U.S. Dollar recovered in Asian trading, bouncing back from a 2½ month trough against the Japanese Yen following the data release yesterday which showed that U.S. manufacturing grew at its strongest rate in nearly 10 months. Source: DailyForex.com Forex New
AUD Slips in Aggressive Easing
May 2, 2012 by admin
The Reserve Bank of Australian was widely expected to cut interest rates at their policy meeting today but surprised markets with a 50 basis points reduction rather than the expected 25 points. Source: DailyForex.com Forex New
US Dollar Pressured by Growth Concerns
May 1, 2012 by admin
Following Friday’s unexpectedly dismal growth report from the United States,, the U.S. Dollar continues to be under pressure as the new trading week unfolds in Asia. Source: DailyForex.com Forex New
Japanese Yen Retreats on BoJ Easing
April 28, 2012 by admin
The Japanese Yen slipped broadly lower earlier as the Bank of Japan increased their asset purchase program by 10 trillion Yen, slightly more than experts had expected. Source: DailyForex.com Forex New
Dovish Fed Sends Dollar Down
April 27, 2012 by admin
The U.S. Dollar Index stayed close to a 3-week low as the Federal Reserve took a more dovish stance than markets were expecting. Source: DailyForex.com Forex New
Euro Edges Higher as FOMC Looms
April 26, 2012 by admin
The Euro edged higher against the U.S. Dollar in Asian trading, boosted by a return to risk appetite following a series of successful sovereign debt auctions from Spain, Italy and the Netherlands. Source: DailyForex.com Forex New
New Data Cements Aussie Rate Cut
April 25, 2012 by admin
The Aussie Dollar struck a 2-week low versus the U.S. Dollar as expectations of a rate cut were bolstered on weaker than expected inflation data. Source: DailyForex.com Forex New
Euro Retreats Ahead of Debt Auctions
April 24, 2012 by admin
The Euro slipped off a 2-week peak versus the U.S. Dollar, pushed there on news that the IMF has decided to increase its safety net intended for the Eurozone by 100%. Source: DailyForex.com Forex New
