Hello, it’s Thursday, July 21, 2011, and I’m Martin Smith with the daily outlook from UFX Markets. The dollar fell across the board after disappointing data on Existing Home Sales came out 4.77M worse than the expected 4.92M. Uncertainty over the US debt ceiling still hovers over the market and halts optimism among investors. Stock [...]
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 [...]
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