International Business News - Forexperts http://www.ibtimes.com/subsection/forex/forexperts.htm All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif 63.6bn the previous month with firmer equity inflows,although overall flows were negative for the month on an outflow of shorter-termcapital.The Euro-zone growth data for the first quarter wasstronger than expected with a 0.7% increase compared with expectations of a0.5% increase as German GDP rose ... 118067 http://www.ibtimes.com/articles/20080517/daily-currency-analysis-may-17.htm Sat, 17 May 2008 12:00:01 EDT The dollar fell against its rivals on Friday as US consumer confidence dropped to a 28-year low and crude oil rose to a record high, increasing concerns US economic growth will continue to slow and the Federal Reserve 117952 http://www.ibtimes.com/articles/20080516/greenback-falls-as-oil-surges.htm Fri, 16 May 2008 20:04:57 EDT The USD has remained largely confined to ranges over the past several weeks. In EUR/USD, that range has been roughly 1.53-56; in USD/JPY, 102.50-105.50; in GBP/USD, 1.94-97; and in USD/CAD 0.9950-1.0250. To a large extent, these 117939 http://www.ibtimes.com/articles/20080516/the-week-ahead-updated-may-16-2008.htm Fri, 16 May 2008 19:07:11 EDT Surging crude oil and falling consumer confidence helped drive the Dollar lower against the Euro. Traders are expressing concerns that the higher crude prices may trigger an economic slowdown. 117935 http://www.ibtimes.com/articles/20080516/eurusd-turns-the-trend-up-on-surging-crude-and-falling-consumer-confidence.htm Fri, 16 May 2008 18:55:57 EDT The dollar slumped against the majors on Friday, falling to 1.56-versus the euro and 103.54 against the yen. The catalyst for the greenback¡¯s losses was a dismal report on US consumer confidence, highlighting the current bleak economic outlook. The University of Michigan survey of consumer conf... 117712 http://www.ibtimes.com/articles/20080516/confidence-slumps-to-28-year-low.htm Fri, 16 May 2008 15:32:01 EDT 63.6bn the previous month with firmer equity inflows,although overall flows were negative for the month on an outflow of shorter-termcapital.The Euro-zone growth data for the first quarter wasstronger than expected with a 0.7% increase compared with expectations of a0.5% increase as German GDP rose ... 117669 http://www.ibtimes.com/articles/20080516/daily-currency-analysis-may-16.htm Fri, 16 May 2008 12:00:01 EDT The dollar remained in recent narrow trading ranges confined by important technical resistance against most key currencies on Thursday. A penetration of the stock market’s crucial resistance or failure to do so may trigger the fx market to 117382 http://www.ibtimes.com/articles/20080515/usd-at-crossroad.htm Thu, 15 May 2008 19:58:48 EDT Despite recent talk that the Fed may be ending its cycle of interest rate reductions, there are still concerns in the Forex community that the U.S. economy may not be robust enough to avoid a prolonged economic drawdown or in the worst case, a recession. 117376 http://www.ibtimes.com/articles/20080515/weak-u-s-economic-data-still-a-concern.htm Thu, 15 May 2008 18:33:43 EDT The dollar was initially softer against the euro and yen in the Thursday session following soft US economic reports earlier in the morning. Weekly jobless claims increased to 371k, versus 365k in the previous week. The NY Fed manufacturing survey deteriorated to a reading of minus 3.23 in May, ver... 117093 http://www.ibtimes.com/articles/20080515/usd-shrugs-off-soft-data.htm Thu, 15 May 2008 14:02:02 EDT The dollar pushed to challenge levels just beyond 1.54against the Euro in European trading on Wednesday, but was again unable tosustain the gains.US consumer prices rose 0.2% in April while the coreincrease was also slightly below expectations with a 0.1% increase. The monthlyprice change eased imme... 117036 http://www.ibtimes.com/articles/20080515/daily-currency-analysis-may-15.htm Thu, 15 May 2008 12:00:04 EDT A better than expected U.S. CPI number helped put pressure on the U.S. Dollar on Wednesday. The CPI number "magically" showed only a modest increase despite surging food and gasoline prices during April 116617 http://www.ibtimes.com/articles/20080514/fed-getting-closer-to-end-of-interest-rate-cutting-cycle.htm Wed, 14 May 2008 18:25:21 EDT The greenback was higher against the yen and the sterling, but relinquished some of its gains versus the euro. The economic calendar was light on Wednesday, with just the release of consumer prices. The April CPI figures were better than expected, with the headline readings lower at 0.2% versus 0.... 116498 http://www.ibtimes.com/articles/20080514/usd-edges-higher.htm Wed, 14 May 2008 15:32:02 EDT The dollar found some support close to 1.5570 against theEuro on Tuesday and edged stronger in European trading.Headline US retail sales fell 0.2% in April, in line withmarket expectations, while the underlying figure was stronger than expectedwith a monthly increase of 0.5%. Auto sales dipped sharp... 116372 http://www.ibtimes.com/articles/20080514/daily-currency-analysis-may-14.htm Wed, 14 May 2008 12:00:01 EDT The dollar rose against most key currencies on Tuesday after Federal Reserve Bank of Cleveland President Sandra Pianalto warned of the risk of inflation and US retail sales excluding autos rose more than expected, 116250 http://www.ibtimes.com/articles/20080514/dollar-gains-as-fed-presidents-see-inflation-risk.htm Wed, 14 May 2008 09:14:36 EDT The USD gained against most major currencies on Tuesday based on the stronger than expected retail sales report and inflationary talk. The surprise strength in the retail report forced financial market traders to increase their bets that the Fed is likely to leave rates unchanged at their next meeting on June 25. 115897 http://www.ibtimes.com/articles/20080513/stronger-than-expected-retail-sales-helps-support-u-s-dollar.htm Tue, 13 May 2008 18:36:40 EDT The dollar fell against most major currencies on Monday after Federal Reserve Bank of Chicago President Charles Evans said the US economy faced “substantial” downside risks to both growth and inflation. 115591 http://www.ibtimes.com/articles/20080513/usd-declines-on-worries-of-falling-us-interest-rates.htm Tue, 13 May 2008 12:36:38 EDT The dollar was boosted in Asian trading by further mediareports that the US administration was targeting a stronger dollar and had beeninstrumental in pushing for a stronger G7 stance on the US currency. The dollarpushed to a high around 1.5370, but was unable to break Euro support levels andweakene... 115590 http://www.ibtimes.com/articles/20080513/daily-currency-analysis-may-13.htm Tue, 13 May 2008 12:00:00 EDT The Wall Street Journal in its weekend edition speculated that the Bush administration was waging a battle for international support to put a floor under the U.S. Dollar. 115171 http://www.ibtimes.com/articles/20080512/euro-top-may-have-been-set-in-motion-weeks-ago.htm Mon, 12 May 2008 18:36:15 EDT 61.7bn the previous month. There was a drop in oil imports over themonth despite the high level of prices while there was also a drop in exports.The deficit decline will underpin longer-term dollar sentiment to some extent,but the impact will be offset by the fact that lower imports indicate weakdem... 114918 http://www.ibtimes.com/articles/20080512/61-7bn-the-previous-month.htm Mon, 12 May 2008 12:00:00 EDT The Euro dipped to a two-month low below 1.53 against thedollar in early Europe on Thursday, but then secured a firmer tone during theday.As expected, the ECB left interest rates on hold at 4.00%following the latest council meeting and the main focus was on the statementfollowing the announcement. E... 114530 http://www.ibtimes.com/articles/20080511/daily-currency-analysis-may-11.htm Sun, 11 May 2008 12:00:00 EDT