Dollar Drops After Bernanke Speech & GDP Report Posted: 26 Aug 2011 10:01 AM PDT The US dollar fell today after the report showed that the US economy expanded with slower pace than was predicted by specialists and Federal Reserve Ben S. Bernanke hinted at possibility of additional stimulus.(...) Read the rest of Dollar Drops After Bernanke Speech & GDP Report (159 words)
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Pound Goes Down as UK Economy Slows Posted: 26 Aug 2011 02:24 AM PDT The Great Britain pound weakened against the Japanese yen and slowed its advance versus the US dollar after the report showed the UK economy grew with slower pace in the second quarter.(...) Read the rest of Pound Goes Down as UK Economy Slows (64 words)
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Aussie Recovers on Stevens’ Speech Posted: 26 Aug 2011 01:50 AM PDT The Australian dollar strengthened today as the statement of nation’s central bank Governor Glenn Stevens spurred the speculation that the Reserve Bank of Australia won’t cut interest rates.(...) Read the rest of Aussie Recovers on Stevens’ Speech (96 words)
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Will Bernanke Announce QE3? Will Dollar Decline? Posted: 25 Aug 2011 12:41 PM PDT The US dollar continued to rise today ahead of tomorrow’s speech of Federal Reserve Chairman Ben S. Bernanke, who is expected to announce a new round of quantitative easing. Some economists believe such expectations are futile.(...) Read the rest of Will Bernanke Announce QE3? Will Dollar Decline? (99 words)
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Euro Falls for Second Day vs. Dollar Posted: 25 Aug 2011 10:39 AM PDT The euro fell against the US dollar for the second day and erased gains versus the Swiss franc today as investors are less willing to buy the currency amid signs of problems in Europe and concerns of global economic slowdown.(...) Read the rest of Euro Falls for Second Day vs. Dollar (109 words)
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