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Market Review
This area looks at overviews of the Forex Market and takes a deeper look into currency pairs and their behaviour.
European Indices Incline Boosted By Earnings
Written by ecPulse.com Friday, 28 August 2009 12:33
Finally the European indices inclined in the mid-session boosted by the continuous better than expected earnings, as today we’ve seen Dell’s Inc and L’Oreal SA, along with the rising commodity prices that managed to boost shares.
As off 06:01 EST, Dow Jones euro stoxx 50 added 1.27% or 35.16 points reaching 2812.78 levels,
Oil Week: Oil slipped from 10-month high but still high
Written by ecPulse.com Friday, 28 August 2009 12:32
After last Friday's spike when oil reached 10-month high above $74 a barrel as a result of upbeat U.S. existing home sales and as Federal Reserve Bank Chairman Ben Bernanke stated that the U.S. economy is heading into the right direction for recovering by the end of this year, oil continued its gains on
Read more: Oil Week: Oil slipped from 10-month high but still high
U.S stocks end up mixed …
Written by ecPulse.com Friday, 28 August 2009 12:24
The U.S stocks ended up mixed this week as huge corporations such as Merck & Co, McDonald's Corp and AT&T Inc. plunged after that drug makers, sellers of consumer goods and phone companies reported considerable drops throughout the Standard & Poor's 500 index, despite the slight incline of US Uni. of Michigan Confidence that came in at 65.7,
Dollar Advance for the fourth day
Written by ecPulse.com Thursday, 27 August 2009 12:57
The world’s leading currency continues to gain against majors a fourth consecutive day affected by the boost it recieved from the GDP report which showed that the pace of contraction eased strongly over the course of the second quarter of this year, from the previous 6.4% contraction throughout the first quarter of this year.
Weekly Market Review UFX Bank
Written by UFX Bank Sunday, 23 August 2009 14:07
The Dollar weakened this week and is nearing towards its yearly lows again. Existing Home Sales rose to 5.24M, higher than 5.03M forecast. The steep rise came according to economists' statements that the housing market has reached its bottom and the recession is easing. Fed Chairman Bernanke gave an optimistic outlook for the economy, saying the economy is starting to rise from its bottom sending the Dollar and Yen lower. NASDAQ and Dow Jones rallied by 4.66% and 4.06%. Crude Oil rose by 4.25%...Page 40 of 40