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U.S. Economy is Showing Improvement — U.S. Dollar Strong in Forex Trading
March 4, 2010[Story ID: 1230]
Fed Beige Book shows improvement in 9 out of 12 districts
The U.S. economy is showing improvement, and that is providing a backdrop for a strong dollar in forex trading. Indeed, reports from the Fed’s Beige Book show that 75% of the Fed districts are showing improvement. But enthusiasm is being held in check.
GFT’s [...] -
Forex: USD/CAD ends day at the lowest level in more than a month
March 2, 2010[Story ID: 1114]
FXstreet.com (Córdoba) ‘ -
Euro Heads Higher in Forex Trading
February 24, 2010[Story ID: 954]
Currency trading with the euro
The euro is heading higher in forex trading on the currency market today, due mostly to U.S. dollar weakness.
With the Greeks on strike against austerity measures suggested by the Greek government and European Union policymakers as a way to bring the financial issues in Athens under control, it seems [...] -
Bernanke Insists that the Economy is Not Ready to Sustain Itself
February 24, 2010[Story ID: 955]
U.S. dollar falls in forex trading
Yesterday, the U.S. dollar was seeing a bit of a rally. At that point, it was all about risk aversion. Today, the story is a bit different. Right now, it’s all about U.S. economic fundamentals.
Federal Reserve Chair Ben Bernanke is testifying before Congress today and tomorrow, and today [...] -
Dollar not threatened by euro forex trading rally
February 22, 2010[Story ID: 863]
Kathy Lien quoted by corporate fx.
The dollar is not under threat from a rallying euro because “fundamentally, the Eurozone is in worse shape than the US,” one foreign exchange hedging strategist has claimed.
Writing for FX360, Kathy Lien, director of currency research at GFT, explained that while the euro rallied against the dollar at [...] -
Dollar Yen Currency Trading
February 21, 2010In recent years, the Japanese Yen has been one of the most popular foreign currencies traded against the U.S. Dollar. Japan’s relatively conservative and stable economy, coupled with one of the most well managed banking systems in the world, has made the Yen a sought after currency and a yardstick for security in an often [...]
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U.S. Dollar Gets Some Support in Forex Trading from Consumer Spending
February 12, 2010[Story ID: 581]
Greenback higher in currency trading
The U.S. dollar is solid today in forex trading on the currency market as a number of factors come into play. First of all, spending in December turns out to have been not as bad as expected, providing some support for the dollar.
GFT’s Kathy Lien reports on the [...] -
U.S. Dollar Moves Lower in Forex Trading
February 9, 2010[Story ID: 454]
Currency trading with the greenback
The U.S. dollar is moving lower in forex trading on the currency market today, falling as events in Europe spark risk appetite. Greek rescue hopes are likely to follow ECB president Jean Claude Trichet from Sydney, and that is sparking a rally in high beta currencies.
Also sending the dollar [...] -
Forex Trading Forecast: U.S. Dollar
February 8, 2010[Story ID: 411]
Lack of major economic data means quiet week for dollar in currency trading
The forex trading forecast for the U.S. dollar looks to be a bit staid for the coming week. With very little economic data set to be released, it is small surprise that the greenback is expected to be reasonably quiet in [...] -
Forex: AUD/USD breaks above 0.8700 after NFP
February 5, 2010[Story ID: 335]
FXstreet.com (Barcelona) – Australian dollar has reacted positively against the Dollar after US…
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