Day: April 14, 2008

April 14
2008

Dollar Gets a Blow after Good Start

After a weird 100 pips gap at today’s Forex trading opening on EUR/USD pair, the U.S. dollar went sharply down. It’s now forcing to stay at as little as 50 pips below the absolute maximum as the Forex traders fail to conclude a definite opinion on how to react on the fundamental statistics that came out today in U.S. Advance retail sales in March rose 0.2% compared to 0.1% forecast and 0.6% fall in February. Business […]

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April 14
2008

Dollar Retreats from Opening Gap Gain

The U.S. dollar has retreated from its impressive gain on this week opening on the Forex market and is now trading inside its usual recent daily bearish trend against the euro and the Japanese yen. The G7 meeting’s officials noted the global situation with currency rates volatility and the necessity of the actions against the fast depreciation of some currencies and the […]

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