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Day: February 5, 2009
February 52009
New Zealand Dollar Corrects vs. All Majors
The New Zealand dollar went up against all other major currencies today as the countrys jobless report wasnt as bad as some traders expected and the kiwi needed to correct after some of its greatest losses. The report regarding the unemployment rate in the fourth quarter in New Zealand was released late yesterday at 21:45 GMT. It showed that the unemployment rate climbed to 4.6 percent from 4.2 percent, while some […]
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February 52009
Dollar Trades Almost Without Change against Euro
Despite the large drops in the employment and the factory orders in the United States, the U.S. dollar stood still against the euro today. Although, there were medium intraday spikes in both directions, the EUR/USD is currently trading close to its opening level — near 1.2856. Initial jobless claims were at 626k last week — up from 591k a week earlier and above the consensus […]
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