USD hoping for a rise

Monday, 2 May 2011 04:53

The world’s least well-performing currency is looking out to be the USD, for the past three months. Hitting 3-year lows and struggling against the by the day; rebound seems far from real this year for America. The Euro hit 16-month high thanks to the weak dollar, and JPY has had it’s shiny moments.

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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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