All Entries Tagged With: "Dollar"
Oil and Gold falls on strong US Dollar, IMF sale
The U.S. Dollar rose to a high in the forex trading market this Thursday mostly on the back of strong economic statistics released on Wednesday the 17th. The Euro meanwhile continued to be uncertain and almost fell to the seven month low that it reached earlier in February against the U.S. Dollar. Gold prices meanwhile [...]
Forex Market Update: G7, Oil and the Euro
The Euro has been in the spotlight this month and it seems that speculation and rumors continue to abound regarding it in the foreign exchange trading market. The G7 meanwhile is scheduled to hold a special summit in Brussels on Thursday concerning the current economic situation. Oil prices meanwhile finally halted their fall and have [...]
USD Forex Rate Strengthens with ADP Report
More positive news for people interested in forex trading coming out of the United States with a report from the ADP showing that 22,000 private sector jobs were lost as opposed to a predicted and expected fall of 30,000. This follows the general trend in the US which shows job losses steadily falling and boosting [...]