06/13/08 - Daily Forex Market News from cmsfx.com
Dollar Has Biggest Weekly Gain vs Euro in 3 Years
Friday, June 13th, 2008
The Dollar gained on the Euro, Yen and Canadian Dollar, though was mixed against the Pound. Expectations are taking hold that the Fed is more concerned about inflation and may move to raise rates in order to deal with rising price pressures.
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: 6 min
07
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: 13/06/08 23:18
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December 17th, 2007
US Dollar Gains on Euro, on Positive Data. Yen and Canadian Dollar Also Up.
The Dollar gained as chances of more rate cuts diminished with Friday's news. Today, positive inflows of foreign investment and a shrniking current account deficit helped boost the Dollar.
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: 3 min
04
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: 17/12/07 23:50
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01/29/08 - Daily Forex Market News from cmsfx.com
Durable Orders in US Better Than Expected; Dollar Stems Euro's Rise
Orders for Durable Goods rose 5.2% in the US in December, giving a positive view of corporate spending. The news boosted the Dollar and it managed to gain slightly vs. the Euro. With the Fed deciding rates tomorrow, the Dollar fell vs high yielder such as the Canadian Dollar.
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: 3 min
02
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: 29/01/08 22:14
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November 20th, 2007 - Daily Forex Market News from cmsfx.com
Recap: Euro Sets New All Time Record Vs Dollar; Canadian CPI Turns Negative.
The dollar fell to a record low against the euro and Swiss franc on concern credit-market losses will slow economic growth, prompting the Federal Reserve to lower interest rates again this year.
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: 2 min
26
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: 21/11/07 03:00
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03/19/08 - Daily Forex Market News from cmsfx.com
Pound Stumbles After Meeting Minutes, Loonie Falls On Drop in Oil, Rate Outlook
The Pound took a big dive versus the Dollar today, as markets priced in more rate cuts as a result of Meeting Minutes released today. The Euro faltered after a report showed its trade deficit widening. The Canadian Dollar fell as oil prices took a tumble.
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: 4 min
16
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: 19/03/08 22:17
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