USD/Yen Tumbled Down on Thursday –Daily Recap May 17

May 18, 2012
A Exchange Rate Forex  euro to us dollar conversion canadian  2012 May 17

The Euro/USD continued its descent as the news of Moody’s downgrade of the major Spanish Banks didn’t help the Euro. On the other hand the disappointing news of the decline in the Philly Fed Index reignited the speculation around QE3 by the Fed. The Japanese Yen spiked against the USD, plausibly over the better...

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U.S. Initial Claims Unchanged at 370k Last Week – May 17th

May 17, 2012
Searching for Work

Today, May 17th, the U.S. jobless claims weekly update was released; according to the recent weekly update, the number of initial claims didn’t change and for the week ending on May 12th; the total initial claims settled to revised figure of 370,000 claims (seasonally...

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Euro/USD Edged Down on Wednesday –Daily Recap May 16

May 17, 2012
A Exchange Rate Forex  euro to us dollar conversion canadian  2012 May 16

The Euro/USD continued its slow-paced fall and edged down again during yesterday’s trading.  The recent news from Greece is that the new elections will be held on June 17th. The U.S housing starts rose by 2.6% during April 2012. Furthermore, the Canadian dollar and...

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Euro/USD Sharply Fell on Tuesday –Daily Recap May 15

May 16, 2012
Eurokrise

The Euro/USD continued its descent and as reaching its lowest level since January 2012. The recent news of the higher than expected growth in Germany’s GDP by 0.5% in...

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Euro/USD Continued its Descent on Monday –Daily Recap May 14

May 15, 2012
A Exchange Rate Forex  euro to us dollar conversion canadian  2012 May 14

The Euro/USD continued their downward trend and as it declined during most of the month so far. The recent news of the rise in Germany’s GDP by 0.5% in...

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Euro/USD Weekly Outlook –May 14-18

May 14, 2012
Fotolia_23291864_XS

The Euro/USD continued its downward trend during most of May. There are several reports that might also affect the Euro/USD including: U.S CPI, minutes of recent FOMC meeting, EU...

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Euro/USD Bounced Back on Thursday –Daily Recap May 10

May 11, 2012
A Exchange Rate Forex  euro to us dollar conversion canadian  2012 May 10

The Euro/USD changed direction and after eight consecutive days of falling, yesterday the Euro edged up against the USD. This shifts however seems to be just a correction; it...

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U.S. Initial Claims Edged Down to 367k Last Week – May 10th

May 10, 2012
Searching for Work

Today, May 10th, the U.S. jobless claims weekly report came out; according to the recent weekly report, the number of initial claims nearly didn’t change and edged down by...

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Euro/USD Fell for the Eighth Day –Daily Recap May 9

May 10, 2012
Eurokrise

The Euro/USD continued its downward trend as investors are getting nervous over the recent political changes in France and Greece that might mean that these countries will not stick...

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Euro/USD Fell for the Seventh Day –Daily Recap May 8

May 9, 2012
A Exchange Rate Forex  euro to us dollar conversion canadian  2012 May 8

The Euro/USD continued its descent during yesterday trading again; yesterday it completed a seven consecutive business days fall. The safe haven currency CHF also depreciated against the U.S dollar....

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Euro/USD Weekly Outlook –May 7-11

May 8, 2012
euro sign

The Euro/USD sharply declined during the past couple of weeks but it is still dwelling in the range between 1.305 and 1.325 in over a month. Will this stalemate...

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Euro/USD Declined for the Sixth Day –Daily Recap May 7

May 8, 2012
A Exchange Rate Forex  euro to us dollar conversion canadian  2012 May 7

The Euro/USD continued its fall with no clear end in sight; yesterday it slightly fell and thus completed a six consecutive business days drop. The safe haven currencies CHF...

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