Key Economic Events Taking Place Next Week
April 6, 2012 1:40 pm by ElliotThere will be a number of economic events expected to stir up the financial markets in the second week of April. The reports include the U.S and Canadian Trade Balance,U.S consumer price index,Bank of Japans Rate Decision and monetary policy,Federal Budget ...
Euro Hits 3-Week low Due to Turmoil With Spanish Bonds
April 5, 2012 8:50 pm by ElliotThe 17-nation currency continues its downward spiral as the U.S Dollar made further gains versus the Euro and other Major counterparts.
US Dollar Strengthens Further After Jobless Figures
April 5, 2012 3:12 pm by ElliotThe mighty greenback has been trading up against most of its currency counterparts this week, the Japanese Yen being the only Major to show some fight.
Sterling At Two-Month High Over Euro
April 4, 2012 7:17 pm by ElliotUnexpected results went in favour of the British currency as the Pound reached a two-month high against the Euro. Financial reports showed that services growth increased in the previous month as well as house prices having the same outcome.
U.S Dollar Up After Fed Meeting
April 4, 2012 3:23 am by ElliotThe Greenback made some gains over its currency rivals after minutes from the FOMC Meeting in March showed signs that Monetary officials were moving away from the idea of additional easing.Prior to the FOMC meeting minutes, the greenback was trading ...
U.S Dollar Gains After ISM Figures Published
April 2, 2012 8:08 pm by ElliotThe Greenback showed its strength versus the Euro after a report showed growth in the U.S Manufacturing sector.It was quite the opposite for the Euro as the 17-nation currency had a similar report with weaker figures.
Euro Up as EU Boost Firewall
March 30, 2012 1:22 pm by ElliotGood news for the 17-nation currency as Europe's finance ministers met today to discuss a possible increase in the rescue fund.As a result of the meeting, European stocks extended the biggest first-quarter gains since way back in 2006 and the ...
Aussie Dollar Falls Whilst Greenback Sees Gains
March 28, 2012 9:20 pm by ElliotA drop in Chinese equities saw the Australian dollar fall to a new year low.
Aussie Dollar Falls on Chinese Growth Concerns
March 27, 2012 1:38 pm by ElliotThe Australian Dollar weakened against all of its 16 Major counterparts due to concerns over the pace at which China's economy will grow, reducing demand for smaller nation's commodities.In other words, a slow down in China's economic growth will have ...
Dollar Takes A Hit After Bernankes’ Speech
March 26, 2012 8:30 pm by ElliotThe dollar fell and the euro hit its highest point in almost 4 weeks after Federal Reserve Chairman Ben Bernanke voiced some doubts regarding the pace of job creation in the United States, this could perhaps mean that the central ...
