MasterForex - Forex Market Reviews - Page 2

UK Retail Sales Fell Unexpectedly

US dollar trade was mixed on Thursday and it made attempts of correction after prior day significant weakening and amid good US statistics...

Larry Summers Will not Be a New Fed Chairman

The US dollar dropped on Monday after former US Finance Minister Larry Summers had withdrawn for Fed chair but then the dollar partially recovered its lost positions...

Two thirds of Bloomberg respondents wait for Fed decision

The US dollar fell on Friday against the pound and the yen and almost didn

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Chinese Industrial Output Exceeded Expectations

The US dollar was traded differently on Tuesday; it fell against commodity currencies and the pound and grew against the yen and Swiss franc and almost didn

Most Experts Are Sure QE3 Reduce to Be Started at the Nearest FOMC Meeting

The US dollar was traded downwards on Monday against most major currencies (except the yen) amid no any significant macrostatistics and continuing to recover Friday weak labour market data that lower the possibility of asset purchase reduce start at the nearest FOMC meeting...

UK Services PMI Reached Almost 7-Year High

The US dollar was traded downwards on Wednesday against most major currencies (except the yen) after 5-day growth in a row according to the dollar index amid weak statistic on trade balance and manufacturing PMI in the region of New York...


The Australian Dollar Grew After the Decision on Rate

The Australian dollar grew after the decision of the Reserve Bank of Australia to keep the rate unchanged at 2.50% despite weak retail sales and current account data...

UK Manufacturing PMI Has Grown

The pound grew on Monday after the release of manufacturing PMI. Manufacturing PMI in the UK rose in August up to 57.2 p. from 54.8 p. in July

Consumer Confidence data turned out better than expected

The US dollar was traded slightly upwards on Friday against most major currencies amid mixed macrostatistics. Consumer Confidence data turned out better than expected...

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US GDP Growth Accelerated in the Second Quarter

The US dollar showed a significant growth on Thursday, the highest for almost 4 weeks according to the dollar index after the publication of strong US GDP data for the second quarter and weak German data...

US Dollar Rose on Wednesday

The US dollar was traded upwards on Wednesday against most major currencies despite some decrease of housing market data...

Escalating conflict around Syria led to the growth of defensive assets

Escalating conflict around Syria led to the growth of defensive assets such as the yen, franc and gold; and to escaping from risky currencies such as AUD, NZD and also currencies of developing countries...


US Durable Goods Orders Fell Unexpectedly

Trading at Forex on Monday was calm amid almost empty calendar and lack of any significant events on most major currencies...

The US dollar lost on Friday all its weekly slight growth

The US dollar lost on Friday all its weekly slight growth and fell after a weak New Home Sales report. In contrast to Existing Home Sales that showed the highest reading for almost 4 yearsNew Home Sales slumped unexpectedly in July by 13.7% in comparison with the prior month to 394 thousand houses at an annual rate...

Chinese and Euro-Zone PMI Is Growing

The US dollar had grown by the end of Thursday Vs most major currencies after the publication of July FOMC Meeting Minutes that showed that almost all Fed leaders were ready to start tapering off QE already in 2013 although the start terms were not clarified...

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US Existing Home Sales Reached Its High for Almost 4 Years

The US dollar was traded upwards on Wednesday against most major currencies before the publication of the FOMC Meeting Minutes and it grew after the publication...

The Dollar Fell Before FOMC Meeting Minutes Publication

The dollar dropped on Tuesday against almost all major currencies (except commodity ones) before the publication of FOMC Meeting Minutes on Wednesday...

Australian dollar may drop to $0.80

US dollar was traded slightly downwards on Monday against the euro and the pound but almost didn’t change against the yen and rose Vs commodity currencies amid a poor news background - no US data were released on the first day of the week...


By the end of the week the dollar had grown slightly by 0.2%

The dollar was traded slightly upwards on Friday against most major currencies despite consumer confidence decline in the USA. Building Permits and Housing Starts also grew in July a little less than forecasted...

UK Retail Sales Exceeded Expectations

The pound reached 8-week high on Thursday Vs dollar and 6-week high Vs euro after the release of UK retail sales report which considerably exceeded the expectations...

Euro-Zone Economy Comes Out of Recession

According to the official statistics agency Eurostat data released on Wednesday the euro-zone economy is coming out of the longest post-war recession...


US Retail Sales Have Been Rising for 4 Months in a Row

The US dollar was traded upwards on Tuesday against most major currencies amid the release of a positive retail sales report and increasing US treasury bonds yields. Retail sales grew by 0.2% in July compared with the prior month...

Japanese GDP Growth Rate Slowed Down in the Second Quarter

The US dollar was traded upwards on Monday having continued its Friday corrective growth amid a poor news background in anticipation of the release of various US macrostatistics data planned for this week which can support the expectations concerning Fed incentive measures reduce...

Chinese statistics data supported commodity currencies

The US dollar was traded downwards on Friday Vs the yen and commodity currencies and slightly upwards Vs major European currencies. The Canadian dollar had ignored the employment report for July by the end of the day which turned out worse than expected...


China import rocketed in July

The US dollar was traded downwards on Thursday against all major currencies and fell to 7-week low according to the dollar index amid Unemployment Claims which according to the US Labor Department rose by 5 thousand last week from 328 thousand to 333 thousand...

The Bank of England Announced a New Strategy of Monetary Policy

The US dollar continued being traded downwards on Thursday against almost all major currencies amid the yen growth and the release of euro-zone strong macroeconomic indicators which show the signs of economic improvement...

The Euro-Zone Statistics Data Are Encouraging

The US dollar was traded downwards on Tuesday against most major currencies amid the release of positive euro-zone data despite the US trade balance improvement. Also the statements of some FOMC members had a negative effect on the dollar...


UK Services PMI Growth Rate Reached More Than 6-Year High

The US dollar was traded on Monday downwards against most major currencies despite service PMI growth. The pressure was put by the Friday labor market report that turned out worse than expected, which may make the Fed put off the start of QE tapering off...

The US Manufacturing PMI Reached Its High for More than Two Years

The US dollar showed a significant growth on Thursday, the highest for more than a month according to the dollar index after the release of non-farm payrolls and manufacturing PMI statistics data which turned out much better than expected...

The Dollar Dropped after the FOMC Statement

The dollar was traded upwards on Wednesday after the release of strong employment data and GDP for the second quarter. However, then it lost all positions after the publications of FOMC Statement by the end of the meeting...


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