Posts Tagged ‘the U.S. economy’
Did the time of the rebound in the dollar?
For months, the greenback has paid dearly for his role as safe haven at a time when many investors, infected with the optimism of the market, have opted for more risky alternatives. Many feel that with the upturn in these days, the dollar may be ready for a rebound. (more...)Tags: analysts, the dollar, the market, the U.S. economy, U.S. currency
Washington, NY: The U.S. economy grew by 3.5% in the third quarter, the indices opened with a gap up.
Yen drop in forex
In Asian markets today, the U.S. dollar rose against the Japanese yen after the remarks by a Federal Reserve official as investors took a less moderate than currently held by the institution.
Charles Plosser, president of the Federal Reserve Bank of Philadelphia, noted that the economy could not wait for “acceptable” level of unemployment is reached before raising key interest rates. Those remarks gave impetus to the operators of forex who bought the U.S. currency, driving the price up to 91.07 yen against the price of foreign exchange in New York yesterday to 90.95 yen per dollar. Read the rest of this entry »
Tags: dollar, the U.S. economy, Trading
Joint investments in the forex market
Speculation by investors following the recent stronger than expected U.S. employment data, the U.S. the Federal Reserve Bank could consider raising interest rates from historic lows, it vanished.
Yesterday, confirming, to be followed with caution, came from the head of the Federal Reserve Bank Chairman Ben Bernanke and the New York Federal Reserve Bank President William Dudley, who reiterated that the U.S. economy continues to face many difficulties and the possibility remains that a high rate of unemployment. Investment markets reacted quickly to comments, and the dollar fell as a result. Read the rest of this entry »
Tags: Investment markets, the dollar against, the U.S. economy
