European Central Bank US Dollar Wait for Global Support

European Central Bank
US Dollar Wait for Global Support
Tue, 09/30/2008 - 16:45 — fx

Nowadays there are a raising number of currency traders, marketers and strategists that are starting to think about dollar’s fate. Interestingly whether the finance ministers from the world's biggest economies will decide to support the US dollar.

* European Central Bank
* Federal Reserve
* Henry Paulson
* USD
* USD maintenance

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The European currency further decreases in relation to the USD
Wed, 07/30/2008 - 17:44 — fx

European currency continued its decrease in relation to the USD after the news that the Euro confidence declined sharply was issued. This event has also led to the deteriorating of the possible growth of the interest rate from the European Central Bank.

* British pound
* Euro
* European Central Bank
* inflation trends
* interest rate cut
* interest rate growth
* US payrolls data
* USD

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The USD keeps strong positions
Mon, 07/14/2008 - 19:00 — fx

According to the latest data the United States dollar remained unchanged and kept its strong positions after the government of the country provided efficient assistance to large mortgage companies – Fannie Mae and Freddie Mac.

Due to Hank Paulson – the US Treasury Secretary mortgage companies in a bad condition will get additional liquidity as well as promise for stakes to be purchased in case of the worsening of the general situation at the market.

* euro zone
* European Central Bank
* Fed
* inflation
* interest rates
* US economy
* US Treasury
* USD

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The USD remains unchanged
Thu, 06/26/2008 - 09:35 — fx

Asian forex trades finished with the firm United States dollar in relation to majors as the Federal Reserve made no surprises for the markets after the interest rate decision was taken. The interest rates remained unchanged as it was forecasted. The Fed’s officials repeated its fears about the possible growth of the inflation and gave no hints where the interest rates will move in future. The Federal Reserve make no changes in the level of interest rate even after the announcement of the European Central Bank to raise the rates in July.

* Euro
* European Central Bank
* Fed
* inflation
* Interest rate
* majors
* USD

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The Euro keeps low positions
Mon, 06/23/2008 - 15:12 — fx

The forex trades resulted in low Euro after the European numbers showed a trend of decreasing economic data as the European Central Bank wishes to increase interest rates. For instance the German data (Ifo business climate index) decreased by over 2 points throughout the June and has reached the 101.3 point which turned to be quite below the forecasts provided by the experts. The same happened with expectations component that decreased to 97.2 point.

* British pound
* Euro
* European Central Bank
* Fed
* inflation
* interest rates
* USD

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The Euro turns to growth trend
Fri, 06/20/2008 - 18:40 — fx

The last forex trades showed the further growth of the Euro in relation to the USD after the comments by the European Central Bank official – Lorenzo Bin Smaghi and unexpectedly high level of the German producer prices. Due to his forecasts there will be further growth of the commodity prices and the interest rates will be increased in case other factors will not contribute to the decline of the inflation level.

* Bank of England
* British pound
* Euro
* European Central Bank
* Fed
* inflation
* interest rates
* USD

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The USD decreased after the talks concerning interest rate hike ceased
Tue, 06/17/2008 - 17:20 — fx

The morning forex trades in Sydney resulted in decrease of the United States dolla