Posts Tagged ‘dollar’
Yen Falls as Risk Aversion Eases
August 28th, 2010 | 
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The dollar traded mixed on Friday, higher against the yen but lower versus the commodity currencies as risk appetite rose. Federal Reserve Chairman Ben Bernanke said the Fed is prepared to provide additional unconventional stimulus measures if needed. US GDP growth slowed less than expected in Q2 2010. The S&P
Posted in Forex Trading | 
Tags: amp, appetite, Chairman Ben Bernanke, commodity, currencies, dollar, Fed, Federal, federal reserve, federal reserve chairman, federal reserve chairman ben bernanke, Friday, GDP, gdp growth, growth, measures, q2, Reserve, risk, risk appetite, stimulus, US, yen | 
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New Home Sales Plunge To Record Low
The Japanese yen relinquished some of its recent strength versus the greenback in the Wednesday session, shedding almost 1%. Meanwhile, the major currencies were marginally higher against the dollar, with the British pound edging up by 0.35%. US equities also recouped from earlier losses, finishing slightly higher as the Dow
Posted in Forex Trading |
Tags: british pound, currencies, dollar, Dow, greenback, japanese yen, losses, pound, session, strength, US, Wednesday |
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US Housing Weakness Accelerates
U.S. Dollar Trading (USD) had a volatile trading day with USD strength on the back of risk aversion in Europe reversed as US housing data weakened further. July Existing Home Sales fell 27% as the effect of the removal of the housing credit continues to be felt. In US stocks,
Australian Election Stalemate, AUD Falls
U.S. Dollar Trading (USD) was strong on Friday as stocks markets around the world remained heavy and the Euro lead majors lower. The outlook is a little mixed going forward however as the US itself may further expand easing measures to support the economy and potentially weigh on the Dollar.
USD/CAD Rises as Canadian Inflation Eases
The dollar rose for a second day on Friday. The strengthening dollar is essentially a monetary-policy tightening, increasing the risk of a double-dip US recession and deflationary pressures. The S&P 500 fell 3.94 to 1,071.69, registering a second straight weekly fall. The USD/JPY gained modestly today but edged down for
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Tags: amp, day, deflationary pressures, dollar, double dip, fall, Friday, JPY, monetary policy, recession, risk, tightening, today, US, USD, USD-JPY |
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Low Yielding Currencies Gain On Weak US Data
The dollar gained against most of its rivals on Thursday as risk aversion increased on concern US economic growth is faltering. US initial jobless claims in the week ending August 14 climbed to a 9-month high and the August Philadelphia Fed manufacturing index turned negative for the first time since
Posted in Forex Trading |
Tags: August, aversion, concern, dollar, economic growth, Fed, growth, Index, initial jobless claims, manufacturing, month, Philadelphia, philadelphia fed, risk, risk aversion, rivals, Thursday, time, US, week, week ending august |
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