Archive for the 'gdp' Category

US Calendar Packed today

Tuesday, May 13th, 2008

The USD lost steam from last week’s strengthening vs. most of the major currencies as investors continued to feed their risk appetite, leading the higher-yielding commodity currencies higher. The greenback also weakened amid renewed concerns that the Federal Reserve could still have to cut Interest Rates to boost growth. As a result, the USD dropped […]

Posted in bernanke, gdp, currency trading, forex, Daily Forex Analysis | 1 Comment »

The Greenback Pushes Up

Friday, April 25th, 2008

Yesterday the greenback underwent an extremely bullish momentum, ascending against its major currency rivals. The USD undertook a dominant bullish trend against the EUR, beginning the trading day with the rate of 1.5876, and rising up to 1.5639. The USD also made dominant gains vs. the GBP, the JPY and the CHF.
Some favorable data arrived […]

Posted in gdp, analysis, USD, forex, Daily Forex Analysis | No Comments »