Analysts and the forex experts have been predicting the easing of the dollar against the other major currencies after Bernanke’s testimony and as predicted US Dollar Tumbles after Bernanke Testimony before the lawmakers in Washington, came to an end. Bernanke has admitted that the U.S. Economy is still to pick up momentum and if required, [...]
Archive | US Dollar
USD/CAD Hits 3 Day Low
Posted on 14 July 2011.
USD/CAD hits 3-day low as the Canadian dollar rose sharply against the U.S. Dollar on the back of the news coming from China that their GDF has increased by 9.5% in the last quarter. Most of the Economies were keenly following the earlier reports that the growth in China might slow down. Financial Experts were [...]
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Advancing economy brings bad days for US dollar
Posted on 08 July 2011.
It is seen that the much sought after US dollar fell against other successfully yielding currencies owing to the growth of economy. The data procured from economic sectors of both US and china indicates that, the economy in US is increasing day by day which ultimately affected the attractiveness of US dollar. The Forex traders [...]
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Daily Forex Insight for 07/05/2011
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USD Experienced Higher Closure at the Taipei Forex
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- EUR/GBP Limited Rebound from 1 Month Low
- USD/CAD Hits 3 Day Low
- Forex Summary for Week Ending July 8th
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