Day: April 15, 2008

April 15
2008

Dollar Grows Somewhat on Improved Manufacturing Outlook

The EUR/USD currency pair post some small drop today on Forex as the fundamental situation in U.S. economy looked better in April for the manufacturing sector. All of the reports that were released today in U.S. showed a positive dynamics for the dollar, helping it to go up against euro, pound and yen. EUR/USD is currently trading at 1.5784. Producer Price Index in March grew at an unexpected pace — 1.1% […]

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April 15
2008

EUR/GBP Reaches New Absolute Maximum

Great Britain pound fell down to a new absolute minimum level against the euro today as the fresh economic data from U.K. signaled that the output growth will probably slow down significantly. The survey by the Royal Institution of Chartered Surveyors showed that more than at any time since 1978 (the year when they started to collect this data) of its members are reporting […]

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