Forex blog posts about Michigan Sentiment Index are presented here. You can click the selected excerpt's title to continue reading on 'Michigan Sentiment Index'.

Dollar Continues to Gain as GDP Falls in 4th Quarter

Friday, January 30th, 2009

EUR/USD continued to fall today for the fourth straight day as the advance GDP report for the fourth quarter showed a considerable decline of the economic output in U.S. The currency pair is currently trading near 1.2795.

GDP (advance) in the Q4 of 2008 decreased at an annual rate of 3.8%. The decline…

EUR/USD Trades in the Undecided Mood for Second Day

Tuesday, December 23rd, 2008

It looks like EUR/USD can’t really decide where to go next — the second consecutive day is marked with almost zero change with a slight advantage for the European currency. The final data on Q3 GDP along with some other macroeconomic reports didn’t surprise the traders enough to affect the Forex…

Abundance of Fundamental Reports from U.S. Causes EUR/USD to Correct

Wednesday, November 26th, 2008

EUR/USD declined today after rising for three consecutive days as many macroeconomic reports were released in the United States. EUR/USD is currently trading near 1.2939 after reach as high as 1.3080 yesterday.

Durable goods orders decreased by 6.2% in October after declining by 0.2% in September (revised down from the 0.8%…

Dollar Returns to Bullish Trend Despite Previous Losses

Friday, October 31st, 2008

EUR/USD dropped today for the second day despite the correctional wave that was forming during the last three days. After peaking at 1.3288 yesterday, the currency pair is now trading near 1.2733 as the traders continue to dump other currencies and buy U.S. dollars.

U.S. personal

Dollar Trembles as GDP Report Show 0.5% Less

Friday, September 26th, 2008

EUR/USD rose today after the U. S. GDP Q2 results release disappointed many traders. The global stock markets also fell and not the last reason for that was the complete uncertainty about the $700 billion rescue plan. EUR/USD is currently trading near 1.4638 level.

GDP in the…

Dollar Gains on Better Orders, Housing, Consumer Confidence

Friday, July 25th, 2008

The  U. S. dollar rose against the euro after the important statistics came out in U.S. today. Although the daily gain is almost absent, EUR/USD went significantly down from its daily maximum at 1.5753 after the news releases and is now trading near 1.5683 level.

Durable goods

Dollar Falls on Trade Balace and Budget Deficit Decrease

Friday, July 11th, 2008

EUR/USD soared to the new highs near 1.5885 after the data on exports and imports was released in U.S. today. And, although the indicators came out better than expected, the dollar dropped at a very fast pace against all major Forex currencies.

Import (excluding oil) and

Dollar Stalls against Euro Today

Friday, May 30th, 2008

The  U. S. dollar was mainly unchanged today after the important fundamental statistics came out in the United States. Although there were moderate intraday swings up and down on EUR/USD, the currency pair is ending the day with just a little upside on Forex.

Personal income and

Personal Income Sends Dollar Up

Friday, March 28th, 2008

The U. S. dollar gained against the euro and the pound today after the release on personal income and spending came out. EUR/USD fell down from 1.5813 to 1.5761, while GBP/USD slid down from 2.0071 to 1.9947.

Personal income rose…

Not a Single Day Without Dollar’s Antirecord

Friday, March 14th, 2008

During the last nine days, only one day didn’t bring a new absolute record level on EUR/USD; it was last Friday, March 7. Today EUR/USD reached a new maximum value at 1.5687 renewing the yesterday’s record at 1.5644.

In February seasonally adjusted CPI didn’t change at all according the report of the Bureau



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