Archive for the 'curency trading' Category

US CPI On Tap

Thursday, August 14th, 2008

The USD completed yesterday’s trading session with mixed results versus its major rival currencies. During the first half of the day, the U.S. dollar eased versus the euro and the yen after government reports showed that Retail Sales fell 0.1% in July, below the 0.5% expected by analysts. The greenback retreated from earlier gains after […]

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US Interest Rate On Tap

Tuesday, August 5th, 2008

Yesterday the greenback mainly saw rising trends against its major currency counterparts; however it failed to appreciate against the EUR. The GBP lost about 150 pips against the USD, as the pair fell to the level of 1.9599.
The USD’s rally was much supported by both positive data arriving from the U.S economy and plummeting Oil […]

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