Today is Sun, April 20, 2014 22:50:25 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
Currencies Exotics

Dollar Weakens Ahead of Fed Minutes and Other Top Forex News.

The dollar was mostly softer against the other major currencies on Monday ahead of Wednesday’s Federal Reserve meeting minutes, while comments by European Central Bank officials dampened expectations for unconventional monetary easing measures boosted the euro. Investors are anxiously awaiting this weeks minutes after last Friday’s jobs data raised questions about the strength of the […]

Dollar Steady Amid Ongoing Tensions Between the West and Russia and Other Top Forex News.

The U.S. dollar held ground against the other major currencies on Friday, as investors remain cautious amid ongoing tensions between the West and Russia. With the U.S. enacting a further round of sanctions against a number of Russians close to President Putin. In Asia, the Japanese yen recovered some of yesterdays losses after news of […]

Dollar Downtrend Continues As Mixed Data Weighs and Other Top Forex News.

The U.S. dollar continued to fall against the other major currencies on Friday, after the release of mixed economic reports weighed on demand for the greenback. This mornings data started well when Chicago’s purchasing managers index’ came in at a four month-high of 59.8 in February, up from a reading of 59.6 the previous month, […]

Dollar Slips After Consumer Data Disappoints and Other Top Forex News.

The U.S. dollar extended losses against most of the major currencies on Tuesday after official data showed that U.S. consumer confidence deteriorated in February. The Conference Board reported that its consumer confidence index declined to 78.1 in February, down from 79.4 in January, amid concerns over the short-term outlook for business conditions, jobs, and earnings. […]

Dollar Trims Gains After Empire State Data and Other Top Forex News.

The U.S. dollar trimmed gains against the pound and yen on Tuesday after this mornings key Empire State data disappointed markets. The Federal Reserve Bank of New York said that its general business conditions index, otherwise known as the Empire State manufacturing index, came in at 4.48 this month, down from a 20-month high of […]

Dollar Mostly Lower After Yellen Speech and Other Top Forex News.

The dollar remained in negative territory against most of the major currencies on Tuesday, falling to two week lows against the euro but strengthening slightly against the yen after Federal Reserve Chairman Janet Yellen confirmed that the U.S. central bank remains on track to reduce its stimulus program. During this mornings speech before the House […]

Dollar Trades Nervously Ahead of Yellen Testimony and Other Top Forex News.

The dollar was largely mixed on Monday as investors remain nervous ahead of Federal Reserve Chairman Janet Yellen’s testimony on the bank’s semiannual monetary policy report on Tuesday. In a day of light trading, it was the yen which made the most headway, despite Japanese government data showing that Japan posted its smallest current account […]

Fed Continues With Taper Despite EM Woes and Other Top Forex News.

The Federal Reserve opted to continue cutting back the amount of bonds it purchases as part of its monetary stimulus program on Wednesday, by cutting bond purchases to $65 billion a month in February, down from $75 billion in January. The move was inline with market expectations although there were some murmurings that recent turmoil […]

Dollar Strengthens Amid Taper Expectations and Other Top Forex News.

The U.S. dollar moved higher against most of the major currencies on Tuesday as investors keenly await the conclusion of this weeks Federal Reserve policy meeting on Wednesday. Investors are predicting the Fed will cut its asset purchase program by another $10 billion, to $75 billion per month, after data released this morning showed that […]

Dollar Steady Ahead of Fed Meeting and Other Top Forex News.

The U.S. dollar held steady against most major currencies on Monday, with the conclusion of this weeks Federal Open Market Committee policy meeting on Wednesday uppermost in traders minds. The yen started the session strongly against the dollar after the release of soft U.S. housing data, which showed that sales of new, single-family houses in […]

Yen Rally Continues – Euro Recovers in Risk Off Trade and Other Top Forex News.

The dollar was mixed in a light days trading on Friday, after most risk-related currencies strengthened following the release of downbeat U.S. data yesterday. The dollar fell to its lowest level against the yen since mid-December as the fallout from yesterdays payrolls data continues to affect markets. A fall in U.S. Treasury yields and continued […]

Dollar Softens After Jobs Disappointment and Other Top Forex News.

The dollar fell against most of the major currencies on Friday after a lacklustre jobs report showed that the U.S. economy added far fewer jobs than expected last month. The official data showed that the U.S. economy added 74,000 jobs in December, compared to expectations for a 196,000 increase, after an upwardly revised 241,000 rise […]

Dollar Boosted By Strong Data and Other Top Forex News.

The dollar was boosted on Wednesday rising against most major currencies after the release of a string of better than expected data, ahead of the holiday weekend. In a busy day of releases, it was the Department of Labor’s announcement which provided most of the impetuous, when they announced that the number of individuals filing […]

Central Banks Keep Currency Objective Ticking Over

Real market moving data is in rather thin supply this US thanksgiving holiday shortened week. The twin threats of forex volume and volatility working in crisis tandem is expected to be further curtailed as the week drags on with many investors observing the US’s biggest holiday celebrations, even bigger than Christmas. Investors will gratefully convert […]

Dollar Continues March Against Yen But Softens Against Other Majors After Weak Data and Other Top Forex News.

The dollar continued to strengthen against the yen but was broadly lower against the other major currencies on Friday, after poorer than expected manufacturing data aligned with growing speculation that the Federal Reserve will maintain its stimulus program until early next year. During the U.S. session USD/JPY added 0.20% to close at 100.22. The highest […]

Dollar Rangebound Ahead of Fed Meeting and Other Top Forex News.

The U.S. dollar remained rangebound for much of the session on Monday, ahead of this weeks Fed meeting. During the morning session the dollar touched session highs against the yen and euro after official data showed that U.S. industrial production rose at the fastest pace in seven months in September. But the gains were pared […]

Dollar Hit As Traders Eye Fed and Other Top Forex News.

The dollar took a hit today against most major currencies today after Friday’s U.S. jobs report fell short of expectations, casting doubt over speculation that the Fed will begin tapering back its asset purchases later in the month. The Fed is due to hold its policy meeting on September 17-18 next week, with many traders […]

Dollar Rallies vs Yen after S&P Revises Outlook and Other Top Forex News.

The dollar extended recent gains against the yen on Monday after Standard and Poor’s lifted the long-term rating outlook on the U.S. economy to stable from negative, citing receding fiscal risks and policy makers’ willingness to support sustainable economic growth. The agency – which stripped the U.S. of its AAA credit in 2011 – affirmed […]

China Retail Sales – Current and Historical Data

Current Reading (May): 12.9% Analysts Forecast: 12.9% Previous Reading (April): 12.8% Source of Report: National Bureau of Statistics of China Release Commentary: Retail sales in China rose 12.9 percent in May from a year earlier, in line with projections, and accelerating slightly from a 12.8 percent increase in April, data released by the National Bureau […]

China Industrial Production – Current & Historical Data

Current Reading (May): 9.2% Analysts Forecast: 9.4% Previous Reading (April): 9.3% Source of Report: National Bureau of Statistics of China  China Industrial Production Release Commentary: Chinese industrial production unexpectedly fell last month amid weak domestic demand and sluggish exports growth. National Bureau of Statistics of China said industrial production in the country fell to 9.2 percent […]

Powered by DayLife

Complete Calendar
ArabicChinese (Simplified)EnglishGermanItalianJapaneseRussianSpanish