Articles by AceTraderfx
Acetrader-Daily Market Outlook 9-12-2010 -
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AceTraderfx
Market Review - 08/12/2010 21:21 GMT Dollar rises against yen as higher Treasury yields flag growth The dollar surged against the Japanese yen on Wednesday due to speculation that the early proposed extension of tax cuts would bolster the US economy, leading to a selloff...
Acetrader-Daily Market Outlook 6-12-2010 -
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AceTraderfx
Market Review - 03/12/2010 20:34 GMT The greenback tumbles broadly on surprisingly weak U.S. jobs report The dollar dropped sharply against most of its counterparts on Friday as data indicated U.S. non-farm payrolls created far less than expected. U.S. non-farm payroll added a mere 390,000...
Daily FX Market Outlook-3-12-2010 by AceTrader -
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AceTraderfx
Market Review - 02/12/2010 21:42 GMT Euro surges on speculation of ECB's bond buying The single currency rose in the choppy trading on Thursday on speculation that ECB was buying eurozone bonds, especially Portuguese and Irish debts. The US dollar fell broadly as upbeat home...
Acetrader-Daily Market Outlook 26-11-2010 -
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AceTraderfx
Market Review - 25/11/2010 18:28 GMT The single currency rebounds on euro-supportive comments from ECB's Weber The single currency fell briefly to 1.3287 on Thursday amid continued concerns over eurozone debt contagion, however, euro's failure to penetrate Wednesday's low of 1.3284 prompted traders to unwind...
Acetrader-Daily Market Outlook 25-11-2010 -
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AceTraderfx
Market Review - 24/11/2010 21:20 GMT Euro falls to 2-month low on worries over Irish debt problems Despite euro's sideways trading in Asia on Wednesday, increasing concerns over eurozone debt contagion weighed on the single currency. Price extended recent decline to 1.3284 before staging a...
Acetrader-Daily Market Outlook 23-11-2010 -
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AceTraderfx
Market Review - 22/11/2010 22:56 GMT Euro falls due to Irish uncertainty and contagion fears Euro fell on Monday as Moody's said it might downgrade the credit rating of Ireland by more than one level. The single currency was also pressured by investors' worries over...
Acetrader-Daily Market Outlook 22-11-2010 -
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AceTraderfx
Market Review - 19/11/2010 21:06 GMT Euro pares its gains against dollar despite Ireland's bailout hope The single currency rose against dollar as investors expected Ireland would get its bailout in the coming future, however, worries over the risk of contagion to other European countries...
Acetrader-Daily Market Outlook 18-11-2010 -
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AceTraderfx
Market Review - 17/11/2010 23:12 GMT Euro rises on weak U.S. inflation and housing data The single currency ratcheted higher on Wednesday as less-than-expected rise in U.S. CPI and weaker-than-expected housing starts gave support to U.S. Fed's quantitative easing. Euro edged higher in...
Acetrader-Daily Market Outlook 16-11-2010 -
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AceTraderfx
Market Review - 15/11/2010 23:10 GMT Euro tanks to a 6-week low against dollar on concern over European sovereign-debt The single currency sank to a 6-week low against dollar on Monday as worries about Irish sovereign debt prompted investors to buy the greenback as a...
Daily FX Market Outlook-15-11-2010 by AceTrader -
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AceTraderfx
Market Review - 12/11/2010 21:04 GMT Euro surges against dollar on speculation of a EU bailout plan for Ireland Despite extending recent decline to 1.3573 in European morning on Friday, the single currency finally staged a strong rebound from a 6-week low against dollar on...
Acetrader-Daily Market Outlook 12-11-2010 -
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AceTraderfx
Market Review - 11/11/2010 23:20 GMT Euro tumbles on European sovereign debt woes Euro sank on Thursday as the ongoing concerns over eurozone peripheral debt weighed on the single currency. In addition, the selloff in U.S. stocks dented investors' risk appetite, increasing the demand for...
Acetrader-Daily Market Outlook 11-11-2010 -
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AceTraderfx
Market Review - 10/11/2010 23:04 GMT Dollar rallies to one-month high against yen on high U.S. Treasury yields The greenback surged to one-month high against the Japanese yen on Wednesday as high U.S. Treasury yields prompted investors to reduce their bets against dollar. The...
Acetrader-Daily Market Outlook 3-11-2010 -
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AceTraderfx
Market Review - 02/11/2010 23:07 GMT Euro rallies against dollar on speculation of Fed easing The single currency surged against dollar on Tuesday as investors forecasted that U.S. Fed will announce the second round of quantitative easing on Wednesday. The Australian dollar penetrated parity after...
Acetrader-Daily Market Outlook 2-11-2010 -
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AceTraderfx
Market Review - 01/11/2010 23:00 GMT Euro falls against dollar on upbeat US manufacturing data The single currency tanked against dollar on Monday as upbeat U.S. manufacturing data prompted investors to reduce their short positions on dollar ahead of Fed meeting. Euro dropped...
Acetrader-Daily Market Outlook 1-11-2010 -
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AceTraderfx
Market Review - 29/10/2010 21:11 GMT Dollar falls to a fresh 15-year low against yen on Fed easing expectations The greenback weakened to a fresh 15-year low against yen on Friday as lackluster U.S. GDP data reinforced market's speculation that U.S. Fed would ease monetary...
Acetrader-Daily Market Outlook 27-10-2010 -
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AceTraderfx
Market Review - 26/10/2010 22:48 GMT Dollar surges against yen on speculation of BOJ's intervention The greenback rallied against yen on Tuesday as Japanese Finance Minister said yen's movement seemed one-sided and warned authorities might weaken yen's strength. Dollar also rose sharply against euro on...
Acetrader-Daily Market Outlook 15-10-2010 -
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AceTraderfx
Market Review - 14/10/2010 23:03 GMT Dollar falls to a fresh 15-year low against yen The greenback dropped against most major currencies on Thursday after Singapore widened and raised the trading band of the Singapore dollar. The dollar index fell to 76.259, the lowest since...
Acetrader-Daily Market Outlook-7-10-2010 -
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AceTraderfx
Market Review - 06/10/2010 22:17 GMT Dollar sinks against yen and euro on U.S. easing speculation The greenback tumbled to a fresh 15-year low against the Japanese yen and a new 8-month low against euro on Wednesday, as weak U.S. private-jobs data reinforced speculation that...
Acetrader-Daily Market Outlook 6-10-2010 -
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AceTraderfx
Market Review - 05/10/2010 23:04 GMT Euro rallies to a eight-month high against dollar amid Fed easing speculation The single currency surged to an 8-month high against dollar on Tuesday, as the quantitative easing from BOJ fueled the speculation that U.S. Fed would pump more...
Acetrader-Daily Market Outlook 5-10-2010 -
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AceTraderfx
Market Review - 04/10/2010 22:20 GMT Euro tumbles from a 6 1/2-month high on renewed concerns over European debt Euro tanked from a 6 1/2-month high against dollar on Monday, as renewed worries about European debt crisis dampened investors' demand for the single currency. ...