Wednesday, December 28, 2011

iFOREX Daily-December 28, 2011

The foreign currency exchange remains on holiday mode. There
has been very little trading volume over the past few days with
30-40 pip ranges for most of the major pairs. Since the equities
markets opened in the U.S., volume increased a tad. The U.S.
currency slipped against the Yen and the Swiss Franc after
reports

E.U. Banks Line Up To Obtain Loans

The Euro weakened against the majority of its exchange peers
on speculation that new measures implemented by the European
Central Bank wont be sufficient to stop the debt crisis from
worsening. According to reports, the ECB has already loaned more
than the 293 billion Euros predicted by economists. Data revealed
that the ECB issued loans

iFOREX Daily- December 23, 2011

The U.S. Dollar strengthened against most of its peers while
liquidity dwindled away in the market in anticipation of the
holiday break. On the data front, reports indicated that Initial
Unemployment Claims dropped to 364,000 during the week ending
December 17th, reaching the lowest level since April of 2008.
Further releases showed that Continuing Claims

iFOREX Daily-December 26, 2011

The U.S. Dollar dipped for a third week as optimism over data
indicating that the worlds largest economy is expanding drew
investors away from refuge currencies. According to Fridays
releases, U.S. orders for durable goods rose higher than
anticipated. Also, home prices declined in 20 U.S. cities, though
at a slower pace than forecast. And

Economic Slowdown Hurts Euro

The Euro rate inched close to its lowest rate since January
following reports that French Gross Domestic Product grew at a
slower pace than anticipated, thereby signaling an economic
slowdown. The shared currency fluctuated subsequent to data out of
the U.S. showing that Durable Goods increased more than expected,
this confirming that the U.S. economy

iFOREX Daily-December 22, 2011

The U.S. Dollar dipped against the majority of its peers as
European banks lined up to obtain 3-year loans from the European
Central Bank. And while economists expected the ECB to award 293
billion Euros in loans, E.U. banks borrowed 489 billion Euros,
raising concerns over the stability of the financial system.
However, despite these

iFOREX Daily- December 27, 2011

Despite a reduced volume of trading in the money markets due
to the Christmas holiday break, the U.S. Dollar extended losses
against most of its peers in anticipations of todays economic
reports. The reports are expected to confirm that consumer
confidence reached its highest level since July this year. And
according to a survey of

Reports Expected To Show Increase In U.S. Confidence

A survey of U.S. economists indicated that home prices in 20
cities around the country declined, though at a slower pace than
expected, thereby signaling a possible economic recovery in 2012.
Data confirming this position will be released later this week. The
U.S. currency extended losses against most of its peers in
anticipation of todays

Debt Crisis To Remain Focus In The New Year

The Euro inched closer to an 11-month low versus the U.S.
Dollar on concerns that the debt crisis will continue to weigh on
the regions economy in the coming year. The 17-nation currency
traded mixed in anticipation of Italys bond and bill auction which
is scheduled to take place today. According to Forex strategists,
peripheral

Optimism Surges During Holiday Break

The U.S. Dollar dropped as risk appetite reigned once more
after the release of U.S. data confirmed that the countrys economy
is rebounding despite the European slowdown. According to reports,
orders for durable goods rose more than anticipated. In addition, a
private survey showed that consumer confidence is likely to have
increased this month. The

iFOREX Daily-December 22, 2011

The U.S. Dollar dipped against the majority of its peers as
European banks lined up to obtain 3-year loans from the European
Central Bank. And while economists expected the ECB to award 293
billion Euros in loans, E.U. banks borrowed 489 billion Euros,
raising concerns over the stability of the financial system.
However, despite these

Optimism Surges During Holiday Break

The U.S. Dollar dropped as risk appetite reigned once more
after the release of U.S. data confirmed that the countrys economy
is rebounding despite the European slowdown. According to reports,
orders for durable goods rose more than anticipated. In addition, a
private survey showed that consumer confidence is likely to have
increased this month. The

E.U. Banks Line Up To Obtain Loans

The Euro weakened against the majority of its exchange peers
on speculation that new measures implemented by the European
Central Bank wont be sufficient to stop the debt crisis from
worsening. According to reports, the ECB has already loaned more
than the 293 billion Euros predicted by economists. Data revealed
that the ECB issued loans

Reports Expected To Show Increase In U.S. Confidence

A survey of U.S. economists indicated that home prices in 20
cities around the country declined, though at a slower pace than
expected, thereby signaling a possible economic recovery in 2012.
Data confirming this position will be released later this week. The
U.S. currency extended losses against most of its peers in
anticipation of todays

Economic Slowdown Hurts Euro

The Euro rate inched close to its lowest rate since January
following reports that French Gross Domestic Product grew at a
slower pace than anticipated, thereby signaling an economic
slowdown. The shared currency fluctuated subsequent to data out of
the U.S. showing that Durable Goods increased more than expected,
this confirming that the U.S. economy

iFOREX Daily- December 27, 2011

Despite a reduced volume of trading in the money markets due
to the Christmas holiday break, the U.S. Dollar extended losses
against most of its peers in anticipations of todays economic
reports. The reports are expected to confirm that consumer
confidence reached its highest level since July this year. And
according to a survey of

iFOREX Daily-December 28, 2011

The foreign currency exchange remains on holiday mode. There
has been very little trading volume over the past few days with
30-40 pip ranges for most of the major pairs. Since the equities
markets opened in the U.S., volume increased a tad. The U.S.
currency slipped against the Yen and the Swiss Franc after
reports

iFOREX Daily-December 26, 2011

The U.S. Dollar dipped for a third week as optimism over data
indicating that the worlds largest economy is expanding drew
investors away from refuge currencies. According to Fridays
releases, U.S. orders for durable goods rose higher than
anticipated. Also, home prices declined in 20 U.S. cities, though
at a slower pace than forecast. And

iFOREX Daily- December 23, 2011

The U.S. Dollar strengthened against most of its peers while
liquidity dwindled away in the market in anticipation of the
holiday break. On the data front, reports indicated that Initial
Unemployment Claims dropped to 364,000 during the week ending
December 17th, reaching the lowest level since April of 2008.
Further releases showed that Continuing Claims

Debt Crisis To Remain Focus In The New Year

The Euro inched closer to an 11-month low versus the U.S.
Dollar on concerns that the debt crisis will continue to weigh on
the regions economy in the coming year. The 17-nation currency
traded mixed in anticipation of Italys bond and bill auction which
is scheduled to take place today. According to Forex strategists,
peripheral

iFOREX Daily- December 27, 2011

Despite a reduced volume of trading in the money markets due
to the Christmas holiday break, the U.S. Dollar extended losses
against most of its peers in anticipations of todays economic
reports. The reports are expected to confirm that consumer
confidence reached its highest level since July this year. And
according to a survey of

iFOREX Daily-December 22, 2011

The U.S. Dollar dipped against the majority of its peers as
European banks lined up to obtain 3-year loans from the European
Central Bank. And while economists expected the ECB to award 293
billion Euros in loans, E.U. banks borrowed 489 billion Euros,
raising concerns over the stability of the financial system.
However, despite these

iFOREX Daily-December 28, 2011

The foreign currency exchange remains on holiday mode. There
has been very little trading volume over the past few days with
30-40 pip ranges for most of the major pairs. Since the equities
markets opened in the U.S., volume increased a tad. The U.S.
currency slipped against the Yen and the Swiss Franc after
reports

Optimism Surges During Holiday Break

The U.S. Dollar dropped as risk appetite reigned once more
after the release of U.S. data confirmed that the countrys economy
is rebounding despite the European slowdown. According to reports,
orders for durable goods rose more than anticipated. In addition, a
private survey showed that consumer confidence is likely to have
increased this month. The

iFOREX Daily- December 23, 2011

The U.S. Dollar strengthened against most of its peers while
liquidity dwindled away in the market in anticipation of the
holiday break. On the data front, reports indicated that Initial
Unemployment Claims dropped to 364,000 during the week ending
December 17th, reaching the lowest level since April of 2008.
Further releases showed that Continuing Claims

Reports Expected To Show Increase In U.S. Confidence

A survey of U.S. economists indicated that home prices in 20
cities around the country declined, though at a slower pace than
expected, thereby signaling a possible economic recovery in 2012.
Data confirming this position will be released later this week. The
U.S. currency extended losses against most of its peers in
anticipation of todays

E.U. Banks Line Up To Obtain Loans

The Euro weakened against the majority of its exchange peers
on speculation that new measures implemented by the European
Central Bank wont be sufficient to stop the debt crisis from
worsening. According to reports, the ECB has already loaned more
than the 293 billion Euros predicted by economists. Data revealed
that the ECB issued loans

E.U. Debt Crisis Might Not Worsen

A decline in Spanish borrowing costs and an increase in
German business confidence suggested that the Euro regions debt
crisis may not be worsening after all. Newfound optimism caused the
Euro exchange rate to reach a one-week high versus the U.S. Dollar.
In addition, the European Central Bank facilitated three-year loans
to regional banks, thereby

Economic Slowdown Hurts Euro

The Euro rate inched close to its lowest rate since January
following reports that French Gross Domestic Product grew at a
slower pace than anticipated, thereby signaling an economic
slowdown. The shared currency fluctuated subsequent to data out of
the U.S. showing that Durable Goods increased more than expected,
this confirming that the U.S. economy

iFOREX Daily-December 26, 2011

The U.S. Dollar dipped for a third week as optimism over data
indicating that the worlds largest economy is expanding drew
investors away from refuge currencies. According to Fridays
releases, U.S. orders for durable goods rose higher than
anticipated. Also, home prices declined in 20 U.S. cities, though
at a slower pace than forecast. And