Tag Archives: forex

Commodity based currencies up vs US dollar

There’s not to much activity happening for the U.S. dollar today as no new data on the state of the U.S. economy has been released to remind traders of the dismal state of the global markets.

Last week saw large …

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Euro hits four month low against the US dollar

The euro continued to fall on tuesday, hitting a four month low against the dollar. Ongoing concern regarding the euro-zone debt crisis helped to push the dollar higher during trading on tuesday.

The currency dropped after concerns surrounding the state …

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Euro hits lows after raised fears regarding EU debt crisis

The Euro fell against the dollar on monday after more fears regarding the state of the European debt crisis spread to bigger economies with the EU.

European officials met again to discuss the second round of financial aid that may …

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Forex review; US dollar down against other major currencies

Forex Review:

The Dollar suffered against a board of other currencies on thursday following data from both the housing market and manufacturing sector that showed the country was recovering at a slower than expected pace

The Euro rose against the …

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Forex review; Greece, Fed Rates, downgrades and minutes

A review of the major headlines on the Forex wednesday

The Euro dropped lower as Greece debt concern remain at the back of investors minds. Euro zone finance ministers are talking of a “soft” restructuring.

The dollar dropped against most …

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Job data points to slower than expected economic recovery

The state of the job market as well as the pace of the economic recovery have weighed on the minds of investors on wednesday. New economic data regarding the job market helped push alot of stocks lower as the data …

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