Written by forexwatch on 29 November 2010
Non Farm Payroll The Non Farm Payroll and the Unemployment Rate figures will be released on Friday, the 5th. December, 2010. It will be interesting to trade GBPUSD and USDJPY this week. Last week, the Dollar gained against all majors, the 16 most-traded counterparts amid concern of the conflict [Continue Reading]
Written by forexwatch on 16 July 2009
A Strong Dollar Strategy July 15 (Bloomberg) – U.S. Treasury Secretary Timothy Geithner said in an interview with Al-Arabiya television that the administration of President Barack Obama favors a strong dollar and expressed confidence the greenback will remain the main reserve currency. The yen [Continue Reading]
Written by forexwatch on 20 May 2009
The Dollar Weakens May 19. Bloomberg reported that the Dollar fell against most of its major counterparts after three U.S. financial firms seeking to return government bailout money fueled speculation banks have sufficient cash, reducing demand for the safety of Dollar-based investments. Brazil and [Continue Reading]
Written by forexwatch on 16 May 2009
Euro Declines as Economy Contracts Most in at Least 13 Years May 15 (Bloomberg) — The euro fell against the dollar and extended a weekly loss versus the yen as the economy of the 16- nation region contracted the most in at least 13 years, raising concern the pace of recovery will be slow. The [Continue Reading]