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Forex Trading Alert: U.S. Dollar Erases Earlier Gains
March 21, 2014, 1:28 PMEarlier today, the greenback moved lower against the Canadian dollar after the release of better-than-expected Canadian inflation and retail sales data. What happened with other currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.
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Forex Trading Alert: U.S. Dollar Extends Gains After Jobless Claims Data
March 20, 2014, 4:41 PMThe U.S. dollar moved higher against major currency pairs after better-than-expected initial jobless claims data. Earlier today, the Department of Labor showed in its report that initial claims for jobless benefits in the week ending March 15 rose by 5,000 to 320,000 from the previous week’s total of 315,000 000, while analysts had expected an increase of 10,000. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.
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Forex Trading Alert: U.S. Dollar Extends Gains
March 19, 2014, 4:21 PMThe U.S. dollar moved higher against major currency pairs after the Fed said it would reduce its monthly bond purchases by another $10 billion a month in April, to $55 billion. What impact did it have on major currency pairs? What is their current outlook? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.
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Forex Trading Alert: U.S. Dollar Rebounds Slightly
March 18, 2014, 12:57 PMEarlier today, the U.S. dollar increased against the British pound to nearly five-week high after U.S. economic data, which showed that the number of building permits issued in the U.S. rose to a four-month high in February, rebounding after a sharp drop in January. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.
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Forex Trading Alert: U.S. Dollar Declines After Disappointing U.S. Data
March 17, 2014, 1:52 PMEarlier today, the U.S. dollar dropped after disappointing U.S. manufacturing activity data. The Federal Reserve Bank of New York said that its Empire State manufacturing index moved higher to 5.6 this month, from a reading of 4.5 in February, missing expectations for a rise to 6. Although today’s data also showed that U.S. industrial production rose 0.6% in February (beating expectations for a 0.1% increase), the greenback extended losses and approached its monthly low once again. What impact did it have on major currency pairs? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.
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