IFC Markets - Forex Market Reviews

The Dollar index yesterday fell due to Janet Yellen

The U.S. Dollar Index (USDIDX) dropped yesterday after the FED Chairman, Janet Yellen

There were no particularly strong movements in the Forex market on Friday

There were no particularly strong movements in the Forex market on Friday. Strengthening of European currency (EURUSD) was limited because of rumors that the EU may allocate financial assistance to Ukraine in the amount of 20 billion EUR...

The U.S. Dollar Index fell on Tuesday due to weak data on the U.S. real estate market

The (USDIDX) fell on Tuesday due to weak data on U.S. real estate market from the National Association of Home Builders (NAHB) and a decrease of the production index of New York Empire Manufacturing for February...

The Feds decision nevertheless supported the dollar

As we anticipated in yesterday report, the Feds decision nevertheless supported the dollar. In addition, the macroeconomic data were slightly worse than expected...

Yesterday, the Fed reduced its program of buying U.S. government bonds by $ 10 billion

Yesterday, the Fed reduced its program of buying U.S. government bonds by $ 10 billion to $ 65 billion per month. The interest rates have not changed. The next Fed meeting will be held on March 18-19...

The U.S. Dollar index is slightly corrected down in the morning after raising rates in Turkey

On Tuesday, the Dollar index (USDIDX) rose on anticipations of reductions in the program of the U.S. Treasury bonds buying by $ 10 billion to $ 65 billion per month...


Market participants are awaiting the results of tomorrow Fed meeting

The major currency pairs on Monday hardly changed. Market participants are waiting for the U.S. Federal Reserve meeting results on Wednesday...

Last week we observed a strong weakening of emerging markets currencies

Last week we observed a strong weakening of emerging markets currencies. The largest decline was the Argentine peso, which has fallen by almost 18%. We can remark two factors that influence emerging markets...

The PMIs for EZ and Germany turned out much better than expected

The Euro (EURUSD) and the Swiss franc (USDCHF) strengthened yesterday vs. the U.S. Dollar by more than 1%. The PMI

  


Share: