Tags: us dollar

The British pound depreciated vis-à-vis the U.S. dollar last week


11th August 2008
The British pound depreciated vis-à-vis the U.S. dollar last week as cable tested bids around the US$ 1.9145 level and was capped around the $1.9760 level. The pair lost about 540 pips last week. Chancellor Darling defended the BoE’s inflation remit.… more »
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The yen depreciated vis-à-vis the U.S. dollar last week


11th August 2008
The yen depreciated vis-à-vis the U.S. dollar last week as the greenback tested offers around the ¥110.35 level and was supported around the ¥107.45 level. The pair gained about 250 pips last week. The Nikkei 225 stock index gained 0.33% on Friday to cl… more »
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The euro depreciated vis-à-vis the U.S. dollar last week.


11th August 2008
The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.5005 level and was capped around the $1.5630 level. The pair lost about 530 pips last week. The FOMC kept rates unchanged with Dallas Fed’s Fisher… more »
Technorati tags: euroforeign exchangeforexus dollar
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Forex Trading Tips


16th July 2008
Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it? This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making more mo… more »

Dollar Recovers on Bailout Plan


15th July 2008
The greenback recovered slightly against the majors, pushing the euro back toward the 1.59-level after dropping to 1.5970 earlier in the session. Amid a dearth of US economic reports, markets digested the government’s plan to rescue Fannie Mae and Freddi… more »
Technorati tags: british poundcurrencyeuroexchange rateforeign exchangeforexus dollar