Better than Expected Retail Sales Data props up Australian Dollar
Wednesday, September 30, 2009 GMT
The Australian Dollar hit a 13-month high versus the U.S. Dollar as better than expected retail sales data from Australia provided mounting evidence that an interest rate increase could be forthcoming before year end. Speculators believe that, as early as November, the Reserve Bank of Australia will likely move to increase key interest rates.
Read More >
|
|
|
|
|
|
|
|
With Promise by G20 leaders, U.S. Dollar Slips
Friday, September 25, 2009 GMT
A draft communiqué to be issued by the G20 leaders is promising that they will keep current emergency measures in place in an effort to shore up the global economies until such time as the recovery is solid.
Read More >
|
|
|
|
U.S. Dollar Continues Slide following Federal Reserve Meeting
Thursday, September 24, 2009 GMT
With the conclusion of the 2-day meeting of the Federal Reserve FOMC yesterday, currency investors sold off their low-yielding U.S. Dollar with the belief that the Federal Reserve Bank has no intention of raising interest rates any time in the near future.
Read More >
|
|
|
|
U.S. Dollar Falls to new 1-year Low versus New Zealand Dollar
Wednesday, September 23, 2009 GMT
With growing optimism over the bettering health of the world’s economies, investors shed themselves of the low-yielding U.S. Dollar, plunging the greenback to its lowest levels in a year, in favor of higher yielding, asset-based currencies such as the New Zealand Dollar, as well as the Euro.
Read More >
|
|
|
|
|
|
|
|
|
|
|
|