Dollar Bounces on Confidence |
|
7/29/2008 3:26 PM: EUR/$..1.5582 $/JPY..108.12 GBP/$..1.9781 $/CHF..1.0450 AUD/$..0.9513 $/CAD..1.0241 Dollar Bounces on Confidence The greenback rallied across the board in the Tuesday, pushing the euro lower by over two big figures to 1.5554 – its highest level in a month and rising to 108.30 against the yen. A combination of a further retreat in oil prices and a better-than-expected reading in the Conference Board’s consumer confidence survey sparked the dollar’s gains and a rally in the US
Filed under: Fundamental
Latest Posts
- BoE and ECB: Will they Under or Over Deliver?
- Usd/Chf update
- Eur/Usd for today
- Greenback declines against the Yen as U.S payrolls fall
- Asian Session: Asian Stocks rise on further commodity weakness – markets eye NFP’s today
- Finding a Broker
- Forex - Dollar fell against Euro after ECB rate cut
- Euro Gains After “Meager” Rate Cut
- Daily Forex Overview
- Euro: Need to see break above that 1.3115 resistance to expand the upside
- EURGBP to a New Decade High!
- US: Factory orders show the steepest drop in 8 years
- Action Bias Summary Table
- Treasury rally going into payrolls. Buy the rumour sell the fact end of week reation?
- Starting the day - Yesterday’s newspaper