Forex blog: Forex Blog (2 сообщения)

Friday, August 8, 2008

Forex Blog (2 сообщения)

На что подписаться? | Управление подпиской

Forex Blog
My Forex experience and some Forex related information that might be useful to other traders
http://www.earnforex.com/blog
рекомендовать друзьям >>

Dollar Experiences Fastest Daily Rally Since 2004
The U. S. dollar rose against euro at a fastest pace since early 2004 today. Although, the growth is mainly attributed to the euro’s weakness, caused by they commantery made by ECB President Jean-Claude Trichet yesterday, the dollar has also a surge of power, rising against all other major currencies today. EUR/USD lost 270 pips already and is now trading near 1.5016 — level not seen since February.

Productivity in the nonfarm business sector of the U.S. economy rose by 2.2% in the second quarter of 2008. It failed to meet the 2.5% growth forecast and came in below 2.6% growth in previous quarter.

Wholesale inventories increased by 1.1% in June — above the expected 0.6% increase. In May they rose 0.8%.
Posted on Forex blog.
Trade with a leading Forex service provider — trade with Ava FX.
Переслать
Euro Posted a Huge Decline against Dollar
EUR/USD declined today to its new minimum level since June 13 after a bearish commentaries by Jean-Claude Trichet that followed ECB’s rate decision. Even bad reports on U.S. employment and housing couldn’t save the currency pair from falling. It is now trading near 1.5326 level.

Initial jobless claims rose to 455,000 last week, up from 448,000 a week before. Analysts estimated a decline to 420,000 claims for the last week.

Pending home sales rose by 5.3% in United States in June. This growth followed 4.9% decline in May. Median forecast for the June was at 1% decline.

Consumer credit rose by $14.3 billion in June. That’s above the recorded $8 billion May growth and exceeds $6.4 billion analytics’ estimate for June.
Posted on Forex blog.
Trade with a leading Forex service provider — trade with Ava FX.
Переслать