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Foreign exchange market

Euro Drops To 1.2693


 

As you have already noticed, the common European currency is still losing value against the US Dollar. It happens day by day. Yesterday, on September 29th, the currency pair declined from the intraday high of 1.2714 down to the low of 1.2693. Previously, the recovery up to 1.2714 was caused by relatively stable data coming from the Eurozone earlier on that day.
 
Publication date: 30 September 05:20 AM

US Dollar Goes Down Against Other Majors

 

After yesterday's rally made by the US Solar against a basket of 6 other major currencies, the USD index hit 80,83, which was followed by a bearish reaction later that day, during the American trading session. The decline came out as the reaction to the Fed's latest decisions.
 
Publication date: 19 June 09:44 AM

Dollar's rate on Forex is in Flet in the second a half the day, as they discovered in Optionova

In the wake of diminishing throughout yesterday's exchanging to the point of 80.45 dollars, the file on exchanges at the European session on Tuesday, on the seventeenth of June, 2014, does not leave the limits of a level band of 80.52-80.61. This band was framed by the base and most extreme of the European session. 

Publication date: 18 June 04:10 PM

EURUSD Goes Flattish

 

Yesterday's American trading session saw the US Dollar gaining some value against the common European currency. The currency pair touched 1,3536. The Euro declined due to positive inflation stats from the USA, which backed the dollar strengthening.
 
Publication date: 18 June 06:45 AM

IMF Decreases US GDP Forecast. USD Prospects

 

The IMF revised its forecast for the US economy, thereby decreasing it. Apparently, this came as a surprise for most market participants. Still, this doesn't automatically mean that the Fed is going to keep interest rates ultra-low longer than expected.
 
In particular, the GDP forecast was diminished down to 2,0% in 2014. The previous forecast used to be 2,8% in 2014. The IMF recommends that the Fed should leave the key interest rate at a record-low range longer than expected.
 
Some experts disagree with that. Yesterday's economic reports, including industrial production (+0,6% in May) and HPI (49 in June), show that the indices gained more than expected. Such strong data hint that the US economy may accelerate its growth up to 3,0% this year. In particular, this idea is shared by RBA strategists.
Publication date: 17 June 08:09 AM

AUDUSD: US Dollar Gains 0,61% Against Aussie After RBA Meeting Minutes Released

 

Today, on June 17th, the US Dollar gained 0,61% against its Australian counterpart after the RBA released its meeting minutes (the meeting took place on June 3rd). Therefore, at the beginning of the European trading session AUDUSD went down a bit.
 
Publication date: 17 June 07:31 AM

TradeFort Launches FIFA 2014 Bonus!

On June 12th, millions of people celebrated the opening of the long-awaited FIFA World Cup 2014 in Brazil. Football world cups take place once in 4 years. That is why this is a true and ultimate party for all football fans. Yet, those who love football are no the only people who can enjoy this time. Forex traders can also celebrate the even together with TradeFort, one of the most prominent broking companies in the industry. Let's take a closer look at the FIFA bonus…

 
Publication date: 17 June 06:33 AM

This week, the Dollar has debilitated essentially against the Pound, and has been expanded against the Euro and Franc on Forex, as they reported in Optionova

Exchanging week 9-13 June for the Dollar was stamped with a huge reinforcing of the Pound after the Manager of Bank of England Carney`s speaking around a conceivable prior time of climbing premium rates and the proceeding decrease in the Euro and the Franc after the decrease in premium rates in the Euro zone.  

Publication date: 16 June 04:10 PM

Forex Trend Explains Benefits of Investment Consultant

 

We are used to thinking that the road to financial freedom is too complicated to walk. Still, more and more people around the globe disprove this idea every day. This happens partially thanks to contemporary financial markets, which has evolved to the point when they can make anyone's financial dreams come true. The thing is that these days you don't have to be a financial expert to become much richer than you are…
 
Publication date: 14 June 04:03 PM

Euro's rate on Forex has started Friday with the development against Dollar, as they report in Optionova

The second half of the day yesterday for the Euro conversion standard has created emphatically. At the U.S. session, the European single cash rose against the Dollar from a low of 1.3511 to 1.3565 of the day. Development of the Euro has happened due to the negative detail, distributed by the U.S. Department of Labor. The amount of provisions for unemployment profits rose a week ago to 317,000, in contrast with the amount of the last production of 313,000.  

Publication date: 13 June 08:50 AM

US Dollar: Friday's Outlook

 

The weekly rally of the US Dollar against a basket of 6 other major currencies was suspended yesterday, during the american trading session. This took place after the US Department of Labor released poor stats. The US Dollar instantly started going down from 80.90. Today, the USD index is trading close to 80.50, Market Leader reports.
 
Publication date: 13 June 07:47 AM
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