usd

Forex Broker---- According to the minutes of discount rate released by FED on Tuesday (July 20th), 10 regional FED voted to maintain current discount rate. Regional FED chairman pointed out signs of the moderate recovery of the economy. Meanwhile, the chairman emphasized to be cautious for the...

Forex Currency---- China Foreign Exchange Trading Center, authorized by People’s Bank of China (PBC), announced that on July 13th interbank forex market, RMB/USD forex rate central parity hit 6.7802, 84 basis points lower than the previous day, offsetting the total increase of 72 basis points...

Forex Currency---- International Monetary Fund (IMF) estimated last Thursday that the dollar would depreciate slightly in the next five years. “What should be pointed out is that, based on the fundamentals we see”, said David Robinson, vice director of IMF Western Hemisphere Research...

Forex Currency----The euro touched a two-month high against the dollar on Thursday, for economic statistics of US and Australia revitalized confidence to global economic recovery and boosted forex investors’ interest in higher-yielding currencies. Early last week, US application for...

Forex Currency---- Yesterday, due to the positive impact of the stock market, risk appetite rose, pushing up commodity currencies against the dollar in forex market. The euro closed at 1.2630; the pound closed at 1.5179. European shares closed with nearly 1% up. US stocks closed with nearly 3%...

:eek:Forex Broker---- Since June 7th, the dollar has been moving down. The dollar index hit 88.71 at high that day, and plunged to 84.42 on July 1st. The euro, however, started to rise, with completely consistent time and nodes. The euro entered the access to rise on June 7th at 1.1875, and...

Forex Broker---- In the first half of this year, the dollar, benefited from hedging purchasing triggered by European sovereignty debt crisis, rallied for 9.57%, the highest ever since 2005. However, while the forex market shifts its focus onto the continuity of American economic recovery under...

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Full Article can be found at: Forex Secrets Blog USD hits 13 year low vs. JPY The USD hit an all time low against the Yen on Friday, before taking the first steps in recovering due to the Bush Administration's pledge to help the ailing big 3. The Dollar, which has been falling against...