Dollar’s poor times

Thursday, 28 April 2011 02:51

The USD weakens against most major currencies making the currency look weak against its rivals. The Japanese currency is recovering against the Dollar after a few ‘bombs’ in Japan from the S&P announcement. The Euro peaked to a 16-month high price against the Dollar at 1.4881 and the Aussie Dollar also gained a fair amount against the U.S Dollar, reaching 1.0947 from 1.0865. Aussie is continuing to look hawkish.

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U.K Gross Domestic Product rose by 0.5%

Wednesday, 27 April 2011 12:10

The GBP climbed higher versus the USD right after the results of United Kingdom’s Gross Domestic Product expansion were released. U.K’s GDP increased by 0.5% for the first quarter of the year, after decreasing by the same amount on the fourth (and last) quarter of 2010; as the National Statistic Online reports announced.

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FOMC releases expected today

Wednesday, 27 April 2011 11:48

Forex traders are anticipating FOMC’s statement and Press conference which are scheduled to take place later today.

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German Consumer Confidence data drops

Wednesday, 27 April 2011 11:15

Results for German Consumer Confidence Index were released on Wednesday 27/04, for the month -May

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CB Consumer Confidence released

Tuesday, 26 April 2011 05:04

Consumer Confidence data released for month April

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