U.S. Dollar Index Strikes 16-Month Trough in Asia
April 15, 2011 by admin
Filed under forex practice
The U.S. Dollar Index slipped to a new 16-month low in Asian trading today as investor speculation that the U.S. Federal Reserve Bank might alter its currently loose monetary policy grows more remote. Source: DailyForex News
U.S. Dollar Falls to new 13-month Trough Versus Canadian Dollar
August 6, 2010 by admin
Filed under forex practice
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
German ban on Naked Short Selling drives Euro to 4-month trough
May 20, 2010 by admin
Filed under forex practice
Yesterday, German officials announced a plan to prohibit naked short selling of shares in Euro-denominated government bonds and swaps, and some 10 German financial institutions, considered by many to be high-risk transactions. Subsequently, the common currency Euro slipped versus the safe-haven greenback to its lowest price in 4 years. As reported at 2:29 p.m. (JST) [...]
Euro Drops to Near 12-week Trough Against Pound Sterling Ahead of Debate
April 22, 2010 by admin
Filed under forex practice
The common currency Euro fell to an almost 12-week low versus the Pound Sterling in London trading today, spurred on by the Euro’s softness vis-à-vis the continuing debt problems in Greece. Source: DailyForex News
