The dollar went up versus the euro today as reports from the US were better than expected. US employers added more jobs than experts predicted and services industry in the US expanded with accelerating pace. EUR/USD is currently trading at 1.3153. ADP employment change report showed the 42k…
Dollar Rises vs. Euro on Employment & Services PMI
Source: www.earnforex.com
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Dukascopy Morning Forex Overview - Sept 02 09
Previous session overview The euro and dollar fell to fresh seven-week lows against the yen in Asia Wednesday as investors wary of further falls in global share prices bought the safe-haven Japanese unit. In morning trade, Japanese institutional investors reacted to an overnight slide in the Dow...
BOC’s Carney: Concerned about recent CAD rise
Bank of Canada Governor Carney says he is concerned about the recent rise in the Canadian dollar saying the rise over the last month has been at an unprecedented rate. Evidence of the currency impact was seen earlier this week as Canada posted a rare trade deficit. Reaction has been muted as Carney...
USD Weakens against the JYN
By the end of Monday’s trading session, the USD dollar fell back from it’s 9 month high reached on Friday, seemingly forex traders happy to realize profits after 8% over the last months trading. The USD fell against the JYN by approx 0.6% close at 81.31 yen, this representing a...
Times singing Gerry’s tune
Cable to 1.75 and beyond, some currency strategists say…one of them says it right here, fairly frequnetly: Mr. Gerry...
Dollar at crossroads ahead of policy meetings
The dollar stands at a critical juncture as investors await policy decisions from three of the world’s main central banks this week. The Federal Reserve delivers its verdict on monetary policy on Wednesday, while the European Central Bank and the Bank of England give their verdicts on...