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Day: January 2, 2014
January 22014
US Dollar Gets Boost From Economic Expectations
US dollar is mostly higher today, getting a boost from economic expectations for the new year. Greenback is gaining against its European counterparts, even though it’s lost ground against the yen since trading at a five-year high earlier. Greenback is seeing a great deal of support right now. Earlier this week, the US Conference Board showed data indicating that consumers are feeling confident about […]
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January 22014
EUR/USD Falls on Mostly US Positive Reports
The euro fell against the US dollar for during the first days of new year trading as the macroeconomic news favored dollar bulls. There was quite a few reports this week and only a minority of them turned out negative for the US economy. Initial jobless claims fell from 341k to 339k during the last week. The previous value was revised from a better reading of 338k, but it, nevertheless, was a positive news […]
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