forex expectation

Forex - Dollar fell on Monday on expectation of an ECB interest rate hike next month.

The Dollar fell against the Euro on Monday as record euro-zone inflation supported expectations of a European Central Bank interest rate hike next month.Euro zone inflation rose to a record high of 3.7% in May. Analysts said the surge in May's annual euro-zone inflation suggested that a July ECB rate hike was almost certain. An ECB interest rat

forex expectation - dollar expectations 2009 - expectations to dollars 2009

USD/CAD Running into a Brick Wall At 1.27

USD/CAD could be running out of momentum as the trading week comes to a close.The cross is trading at its highest level for February but is having trouble breaking through 1.27 CAD. According to some currency strategists month end flows have helped weaken the Canadian dollar but that strength could be waning in the short term. It remains to be seen if the [U.S. dollar] can sustain these gains beyond the month end, said Shaun Osborne, chief

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Yen Stronger After Upward Revision to Q4 GDP

The Japanese yen is stronger on Thursday after an unexpected upward revision to fourth quarter GDP for the island nation.A second look at Japanese economic growth suggests the last quarter of 2008 was not as bad as previously thought, according to data from the Japanese Economic and Social Research Institute on Thursday (Wednesday EDT). Fourth quarter GDP was unexpectedly revised up to a 3.2% quarter-over-quarter contraction from a 3.3% decline previously recorded. The news comes as a

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Sterling Mixed After Sharp Fall in Inflation Expectations

The pound sterling is weaker against majors on Thursday, except against the euro, in the aftermath of sharp declines in consumer inflation expectations and warnings from a Bank of England policy-maker about possible deflation.According to the Bank of England, consumer inflation expectations fell 4.2% in the three months to February from 4.9% previously, reflecting the sharpest decline in inflation measurement in at least a decade. Furthermore, the central bank reported that the one-year inflation outlook fell to

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Forex - Dollar fell on Monday on expectation of an ECB interest rate hike next month.

The Dollar fell against the Euro on Monday as record euro-zone inflation supported expectations of a European Central Bank interest rate hike next month.Euro zone inflation rose to a record high of 3.7% in May. Analysts said the surge in May's annual euro-zone inflation suggested that a July ECB rate hike was almost certain. An ECB interest rat

forex expectation - dollar expectations 2009 - expectations to dollars 2009