Hello, it’s Thursday, July 13, 2011, and I’m Martin Smith with the daily outlook from UFX Markets. The dollar fell against most of the major currencies due to the FOMC Meeting Minutes, in which members pointed out that if economic growth becomes too slow more stimulus would be needed. Stock Markets closed negative for the [...]
Hello, it’s Tuesday, July 12, 2011, and I’m Martin Smith with the daily outlook from UFX Markets. The dollar strengthened against most of the major currencies as stocks and commodities slumped. Stock Markets closed negative for the second day as the Dow fell by 1.20% and the NASDAQ lost 2.00%. Crude oil dropped to its [...]
Hello, it’s Wednesday, September 22, 2010, and I’m Martin Smith with the daily forex outlook from UFX Bank. The Dollar was down against other major currencies after the Federal Reserve said it would be willing to ease monetary policy further to bolster the U.S. economy, with Interest rates staying at 0.25%. NASDAQ weakened by 0.28% [...]
Hello, it’s Wednesday, September 08, 2010, and I’m Martin Smith with the daily forex trading outlook from UFX Bank. The Dollar gained against most major currencies over speculation that economic growth will slow in the European zone. Crude oil weakened by 0.36%, closing at $73.80 a barrel, and gold (XAU) declined by 0.22%, closing at [...]
The Dollar fell against most major currencies as U.S. private employers added more jobs than forecast in August, easing concern that the recovery in the world’s biggest economy is slowing, and boosting risk appetite. Crude oil weakened by 0.6%, closing at $74.60 a barrel, Gold (XAU) declined by 0.2%, closing at $1251 an ounce. There [...]