Forexperts Archives

Dollar Rallies Ahead of Job Report

The dollar rose against its rivals on Thursday after US economic releases showed the economy is at a stall speed but not falling off a cliff, making it more possible the Federal Reserve is done lowering interest rates. (May 01, 2008 10:29PM)

USD Strengthens, Awaiting Fed Rate Decision

The dollar rose against most major currencies in NY trading Tuesday on speculation the Federal Reserve will signal a pause in lowering interest rates at tomorrow’s FOMC rate decision meeting, and on increased (Apr 30, 2008 10:01AM)

USD Continues Rallying on Fed Rate Pause Optimism

The dollar continued its rally Friday against most major currencies on continued optimism the Federal Reserve will pause cutting interest rates after next week’s presumed 25 basis-point rate cut. Despite higher (Apr 26, 2008 1:00PM)

Aussie at 24-Year High

The dollar was mostly higher on Wednesday after Luxembourg’s Finance Minister Jean-Claude Juncker signaled the weak dollar may harm global economic growth. The yen and Swiss franc fell on (Apr 23, 2008 6:54PM)

Sterling Rallies on BOE Mortgage Plan

The dollar traded mostly higher on Thursday following Luxembourg Finance Minister Jean-Claude Junckers comments that the financial markets have misunderstood the G-7s position on currency vo... (Apr 17, 2008 6:29PM)

Sterling Falls on Weak UK Data

The dollar traded mostly higher against its key rivals Tuesday as stronger-than-expected US producer prices and New York manufacturing decreased the chance of further aggressive Fed interest... (Apr 16, 2008 3:25PM)

Greenback Little Changed

The dollar was little changed against its key rivals Monday. Wachovia Corp.s first-quarter loss fueled concern the worst of the credit crisis is not over, outweighing the G-7s concern over c... (Apr 14, 2008 7:29PM)

EUR/USD Falls after Trichet Optimistic on Inflation

The dollar traded mostly higher against its key rivals Thursday after European Central Bank President Jean-Claude Trichet sounded less hawkish than expected. The euro and pound fell followin... (Apr 10, 2008 6:32PM)

Sterling Falls Ahead of BOE Meeting

The dollar traded higher against most key currencies on Monday ahead of European interest-rate decisions later this week. The yen and Swiss franc fell as equity markets gained and risk appet... (Apr 07, 2008 7:44PM)

Greenback Rallies on Strong Risk Appetite

The dollar rallied as investors’ risk appetite rose the first day of the new quarter. US stocks rose more than 3% as data on US manufacturing and construction spending were better than... (Apr 02, 2008 10:42AM)

EUR/USD Testing Resistance

The dollar rose against its rivals on Monday. Sterling declined versus most major currencies and fell to a new all-time low versus the euro as a report showed weakness in UK home prices. The Australian dollar was pressured by (Mar 31, 2008 7:27PM)

Dollar Stronger, Awaiting Friday’s Economic Data

The dollar was stronger against its key rivals following Thursday’s data showing the US Q4 GDP growth in line with market expectations and a decline in US jobless claims. Sterling gained against the (Mar 28, 2008 8:31AM)

Brian Dolan

Jay Norris

Lena Manousarides

Korman Tam

• Michael Woolfolk, economist at Bank of New York
• Thomson Financial News - "The dollar appears set for a period of renewed stability in 2008 as long as interest rate differentials and the US credit crisis do not deteriorate any further." Michael Woolfolk

• Katarzyna Zajdel-Kurowska, polish deputy finance minister
• Thomson Financial News - "The biggest threat for inflation next year remains fuel prices and rising global demand for agricultural produce. We can, however, assume that together with a likely fall in food prices in the second half of next year inflation will start to fall. It is clear that the recent rise in inflation is due chiefly to ri... Katarzyna Zajdel-Kurowska

• Robert Brusca, economist at FAO Economics
• Reuters - "This is still a big deficit even though we had some modest reduction. Some of that progress is due to the fact that imports have been restrained and the economy is weakening." Robert Brusca