Daily Forex Review Hello, it’s Wednesday, July 20, 2011, and I’m Martin Smith with the daily outlook from UFX Markets. The dollar fell against most of the major currencies as President Barack Obama endorsed a $3.7 trillion debt-cutting plan that would combine tax increases and spending cuts, saying it could end a congressional deadlock over [...]
Hello, it’s Thursday, July 14, 2011, and I’m Martin Smith with the daily outlook from UFX Markets. The Dollar weakened against all the other currencies as Federal Reserve Chairman Ben S. Bernanke said policy makers will provide economic stimulus if needed The Federal Budget Balance came out better than expected, -43.1B vs. -68.0B forecast. Wall [...]
Hello, it’s Wednesday, October 06, 2010, and I’m Martin Smith with the daily outlook from UFX Bank. The dollar fell across the board on speculation that the FED will keep purchases of government debt. U.S. Stock Markets soared with Dow Jones adding 1.8% and NASDAQ rising by 2.36%. Crude jumped by more than 1.5% closing [...]