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, August 12, 2010, and I’m Martin Smith with the daily forex trading outlook from UFX Bank. The dollar made a big rally versus the majors as a slowdown of the global economic recovery pushed investors to stay on the safe side favoring the greenback over other currencies. The Trade Balance came out [...]
Hello, it’s Monday July 19, 2010, and I’m Martin Smith with the daily outlook from UFX Bank. The Dollar gained against most of the major currencies as the Michigan Consumer Sentiment Index came out 66.5 worse than the expected 74.5 and pushed investors to seek safety. Crude fell by 0.6% to close at $75.75 a [...]