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.
Read MoreU.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.
Read MoreFOMC 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.
Read MoreGerman 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
Read MoreCB Consumer Confidence released
Tuesday, 26 April 2011 05:04
Consumer Confidence data released for month April
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