by Thu, 09 Dec 2010 00:00:00 +0100
USD Poised to Extend Yesterday's Gains
The US dollar saw gains against most of its main currency rivals yesterday, as investors chose to focus their attention on the prospect that tax cuts will be extended in the US. The hope is that the tax cuts will help stabilize the struggling US economy. The dollar reacted positively to the news, and spiked against the yen. Whether the dollar can maintain its gains will largely depend on this week's US Unemployment Claims figure, set to be released later in the day.
EUR/USD
GBP/USD
USD/JPY
USD/CHF
Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. ForexYard
Actualité du forex
Forex News
- Forex Trade 16 Feb, Employment Change, Unemployment Rate, Ecb Publishes Feb. Monthly Report
- Oil Maintains Bullish Trend amid Middle East Tensions
- Risk Aversion Turns EUR Bearish
- USD Moves Up Following Fresh Euro-Zone Worries
- JPY Moves Up on EUR Following Greek News
- L'euro Poursuit Sa Chute, Le Marché Sanctionne Les Tergiversations Autour Du Dossier Grec
- Report du versement des aides à la Grèce, les marchés se contractent
- Le pétrole conserve une tendance haussière au milieu des tensions du Moyen-Orient
- L'aversion au risque peut avérer un Euro Baissier
- USD progresse face aux inquiétudes fraiches de l'Euro-Zone.