July 2010
You are browsing the archive for July 2010.
The dollar was higher against the euro on Friday but lower versus other major currencies. US GDP rose at a 2.4% annualized pace in Q2 2010. While Q1 GDP was revised higher, estimates back to 2007 were revised lower. The S&P 500 increased 0.07 to 1,101.60. The euro fell from Read More USD JPY Falls [...]
Posted in FX News | Tagged falls, level, lowest, this, to, usdjpy, year
The final week of July saw mixed price action among asset classes, as better than expected data from outside the US was mostly offset by weaker US data. US stocks finished slightly weaker while the MSCI world stock index gained some ground. The CRB commodity index continued to advance, but Read More The Dollar is [...]
Posted in FX News | Tagged again, dollar, is, on, ropes, the
The Canadian dollar rose against its U.S. counterpart after two days of decline as demand for the crude oil, the main Canada’s export, increased and the commodity prices rallied. The loonie performed not so well against other currencies, including the euro, against which Canada’s currency continued to fall.(…)Read the rest of Loonie Rises vs. Greenback, Falls vs. Euro (128 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged euro, falls, greenback, loonie, rises, vs
Read More Euro To Face Headwinds As ECB Likely To Keep Exit Strategy On Hold
Posted in FX News | Tagged as, ecb, euro, exit, face, headwinds, hold, keep, likely, on, strategy, to
The Brazilian real advanced today against the euro on the speculation that demand for the South American exports would grow as the European economic outlook brightened. The currency declined versus the greenback.(…)Read the rest of Brazil’s Real Rises on Better Consumer Sentiment (54 words) Posted on Forex News. Read More Brazils Real Rises on Better Consumer Sentiment
Posted in FX News | Tagged better, brazils, consumer, on, real, rises, sentiment
Read More Japanese Yen May Strengthen as Traders Seek Safety
Posted in FX News | Tagged as, japanese, may, safety, seek, strengthen, traders, yen
The US dollar fell against the Japanese yen today to the lowest level since November 2009 after the economic report suggested that the US economic growth slows, decreasing the appeal of the US currency.(…)Read the rest of Dollar Weakens vs. Yen & Pound on GDP & Confidence Reports (135 words) Posted on Forex News. Read More Dollar Weakens vs Yen dan Pound on GDP [...]
Posted in FX News | Tagged confidence, dollar, gdp, on, pound, reports, vs, weakens, yen
Read More Canadian Dollar May Falter On Weakening Global Picture
Posted in FX News | Tagged canadian, dollar, falter, global, may, on, picture, weakening
The Swiss franc rose reached today the highest level this week against the euro after the leading economic indicators remained at the highest level in almost four years.(…)Read the rest of Franc Rises Against Euro on Signs of Improving Economy (115 words) Posted on Forex News. Read More Franc Rises Against Euro on Signs of Improving Economy
Posted in FX News | Tagged against, economy, euro, franc, improving, of, on, rises, signs
Read More Australian Dollar Rally Could Falter As RBA Holds Interest Rate Steady
Posted in FX News | Tagged as, australian, could, dollar, falter, holds, interest, rally, rate, rba, steady
