The U.S Dollar Slips after Fed Decision
November 4, 2009 11:22 pm by Natalie R.The USD lost some ground against major counterparts Wednesday after the Federal Reserve left Interest Rates unchanged and made only slight changes to its monetary statement. The greenback slid 0.9% to $1.4860 per EUR from $1.4724 yesterday.
USD Traders Anticipating Heavy Volatility
November 4, 2009 9:30 am by Natalie R.Prior to the heavy news cycle we will see today and Friday, the US Dollar has apparently entered a consolidation trend against most of its currency rivals. Today's news will set the pace for the remainder of the week while ...
Consumer Confidence Reports this Week!
July 28, 2009 10:54 am by Dan EduardYesterday's most important economic news was the 11% rise in new U.S. home sales. The result is likely to dominate forex trading today ahead of the CB Consumer Confidence figures coming out at 14:00 GMT. The USD's mid-day gains yesterday leveled ...
Is US Consumer Confidence Diminishing?
June 30, 2009 12:46 pm by Natalie R.The Conference Board's (CB) Consumer Confidence Index, which is set to be released today at 14:00 GMT, is a leading indicator of economic health in the U.S and usually causes great market volatility. The consumer confidence report is based on ...
