Showing posts with label Dollar. Show all posts
Showing posts with label Dollar. Show all posts

Tuesday, May 7, 2013

The dollar weakened

New York (Reuters)-the dollar fell against the euro exchange rate on Friday (Saturday morning EST), though the u.s. employment report strengthened for April sent the stock market and oil prices surged.

Analysts said that the rising interest in risky assets in Europe are some of the causes of the sharp rise in the greenback's reversal after the release of the data sectors of employment, the AFP report.

At 21: 00 GMT (04.00 GMT Saturday), the euro was at 1,3116 dollars, up from 1,3063 dollars. The single currency traded mostly above the level of 1,3110 dollars during the day, but was shortly dropped to 1,3062 dollars immediately after the Labor Department released employment data for April.

The Department reported the u.s. economy added 165,000 jobs in April, and revise up sharply the numbers for the previous two months, helping send the unemployment rate down 10 points to 7.5 percent.

The Data offer a picture of the employment situation significantly brighter, which seems to be turning into a sustained dollar rally, analysts said.

"But the recovery of the euro that the material indicates traders are not quite ready to push it to new lows, although there were signs of a rise in the US economy," said David Rodriguez from DailyFX.

"Substantial Movement in the global government bond market that tells most of the story of the euro: the yield-hungry investors push the 10-year government bonds of Greece under 10 percent for the first time in nearly three years," he said.

"We cannot claim that the economic and fiscal crisis is over in the euro area, but the global financial market are up encouraging risk-taking--very favorable euro against ' safe haven ' US dollar."

The dollar managed to strengthen the yen, driven back to 99.00 yen, up from 97,93 yen on Thursday, while the euro rose to 129,80 yen from 127,93 yen.

United Kingdom Pound also strengthened against the dollar, to be 1,5572 dollars from 1,5531 dollars, while the dollar was slightly higher against the franc, Switzerland 0,9348 francs. (A026)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Friday, March 29, 2013

The Us Dollar Was Quite Depressed

Dollar AS Cukup Tertekan

Monexnews-Dollar depressed after a series of us economic data reduced optimism economic performance will Uncle Sam and confirms expectations of continued purchases of bonds program will be Fed. US consumer sentiment plummeted to a low level since December 2011 as New York manufacturing activity eased. Although inflation is rising but more increases were caused by a surge in gasoline prices that rise might only be temporary.

Federal Reserve will conduct monetary policy meetings on 19-20 March and predicted would still run a program to purchase bonds for $ 85 billion each month in order to help the economic recovery. The action of profit-taking is also quite lively dollars after the dollar yesterday reached a high level in 7 months. The US Dollar Index today traded 77.80; stay away from high level daily 220.81 (fr)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Tuesday, March 19, 2013

Dollar Moved Near The High, Stable Stock Exchange

Dollar Bergerak Dekat Tingginya, Bursa Saham Stabil

Monexnews-U.s. Dollar moves to close the high 7 months against most other currencies Thursday as strong retail sales data maintain optimistic growth forecasts, while Asian stock exchange survived thanks to Wall Street's new record high closing record.

MSCI index outside Japan as much as moving down 0.1%, burdened by declines in Australia stock exchange by as much as 0.3% which is hard hit by the decline in commodity prices.

The u.s. Government reported that retail sales grew 1.1 percent in the month of February in tercepatnya rate since September, lifting the u.s. dollar index to its highest since August 3, the numbers Wednesday. 83.055

(AR)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Monday, February 25, 2013

Oil Prices Depressed The Strengthening Dollar

Harga Minyak Tertekan Penguatan Dollar

Monexnews-crude oil futures weakened on Monday in thin trading on electronic commerce, with a stronger dollar and more add to the pressure on the dollar and commodities didenominasikan US markets closed for a holiday.

Oil prices depressed by the strengthening of the dollar, as the weakening yen, which provide sufficient impetus on the greenback. USD/JPY hits highest level in level at 94.20 this session, a level that hasn't been seen since May 2010 after the State of the G-20 countries to refrain from criticizing Japan for which its currency weakened sharply lately. Instead, the group said that they did not target the exchange rate for the purpose of being competitive.

Oil is currently moving at 96.00, the highest level for his or her being in the lowest level and 96.44 was at 95.97.

(fsyl)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Monday, February 18, 2013

The US Dollar Strengthened in the Middle Of the G-7 Issues

Dollar AS Menguat Ditengah Isu Dari G-7

Monexnews-the U.s. Dollar rose against the yen and other currencies of Japan on Monday following a report that the countries of the G-7 is considering whether to issue a statement to avoid a global currency war.

Tension in the currency market has been rising lately following an attempt of the Government of Japan to prop up the economy and want to end deflation. Officials in Japan said they were not manipulating the yen, however, their efforts resulted in a weakening of the currency sharply in Japan, which makes Japan's exports more competitive in a foreign country.

Two officials from the G-20 said on Reuters that the statement from the G-7 reaffirms their commitment to ensure the value of the currency, which is likely to be released ahead of the meeting of G-20 finance ministers and central bankers in Moscow on Friday.

(fsyl)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Saturday, February 16, 2013

' Representing ' Golden Dollar

Dollar Lemahkan Emas

Monexnews-Gold weakened in the New York session, pressured by the strengthening US dollar, which successfully undermined the appeal of commodities. Euro seen trouble maintaining reinforcement over unclear if Cyprus will get the approval of the bailout Fund at a meeting of Eurogroup which takes place today. The Yen is weakening after Haruhiko Kuroda, one of the candidates of the BoJ's monetary easing, supporting further. Sterling weakened due to the emergence of concern over the desire for independence from Scotland United Kingdom Kingdom. Aussie weakens after data showed the decline in approval of the credit channeling housing in Australia. XAU/USD is now traded away from the high level of 1648, daily 1669. (fr)



Car Insurance; Insurance



Car Insurance; Insurance; Health Insurance

Google Sitemap Generator