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Euro Weakens three consecutive days, Pressure Potential Still Strong

fxbom.com
02:05 PM

In forex trading the Asian session this afternoon, the euro is generally observed to move lower against several other major currencies, after the last 3 days also fell in a row.

In the Euro value of the index chart runs observed in the range of 102.27, and has weakened thin around – 0.02% from opening price today (00:00 GMT). Developments that are still disappointing in the EU economy lately suppressing the Euro rally.

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February 1st, 2012 by fxbom
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U.S. Dollar Rebounds From Weakest Position In 6 Weeks, Sector Consumption May Indicate Positive Signals

fxbom.com
10:17 PM

The U.S. Dollar Index rebounded from the lowest value observed in 6 weeks. On this night (30-01, 12:01 GMT) values ??observed in the range of rolling and has increased by about 79.22 + 0.46% of the value of market opening (00:00 GMT). The dollar got a good wind with increasing positive signal from the United States economy.

One sector that is quite a role in increasing interest in the U.S. dollar is the development of consumption and employment sectors that are expected to show a more exhilarating performance.

This is a preview of U.S. Dollar Rebounds From Weakest Position In 6 Weeks, Sector Consumption May Indicate Positive Signals. Read the full post (184 words, estimated 44 secs reading time)
January 30th, 2012 by fxbom
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Euro Moves Retreat from Highest Level in Nearly 3 Weeks

fxbom.com
02:41 PM

In today’s trading the euro exchange rate appear to have retreat after last night had reached the highest position in nearly three weeks later. Eroded the euro weakened ahead of the release of performance data of manufacturing and services sectors in the euro area is expected to return to show contraction for the month of January, although it will tend to slow down.

Last night the euro strengthened significantly to achieving the highest position since the 4th of January. The rise of the euro exchange rate is largely due to the expectations of immediate cuts Greek debt agreement.

This is a preview of Euro Moves Retreat from Highest Level in Nearly 3 Weeks. Read the full post (198 words, estimated 48 secs reading time)
January 24th, 2012 by fxbom
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Aussie Onward; China Economy Grows More than Estimated

fxbom.com
11:53 AM

Aussie experienced a significant increase in trading today against the U.S. dollar. Aussie moves skyrocketed after data from China’s economic growth shows better results than expected, although it tends to slow down.

Economic growth in the fourth quarter and only reached 8.9% (y / y). Economic growth was below 9% for the first time since mid-2009. Nevertheless economic growth rate is still above the 8.7% estimate. Meanwhile, economic growth in 2011 slowed to 9.2% was recorded compared to 10.4% in the previous year 2010.

This is a preview of Aussie Onward; China Economy Grows More than Estimated. Read the full post (189 words, estimated 45 secs reading time)
January 17th, 2012 by fxbom
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The U.S. Dollar Index Gains Stable, U.S. Economic Activity Rises

fxbom.com
09:46 PM

The U.S. dollar index movement in foreign currency trading this evening observed in the range of 81.23, and has increased by about + 0.33% from opening price (00:00 GMT). The index is still in the rally and observed patterns are still moving strong enough to convince.

Analysts fxbom.com that the U.S. dollar index was observed moving steadily gained enough confidence showed steady against the currency. In addition to positive signal began sprouting in the United States, on the other hand the Eurozone suffered with increasingly strong negative indication.

This is a preview of The U.S. Dollar Index Gains Stable, U.S. Economic Activity Rises. Read the full post (171 words, estimated 41 secs reading time)
January 11th, 2012 by fxbom
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