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Tuesday 31 March 2015

Capitalgrow Forex Updates , dollar gains ground against euro

The dollar gained ground against the euro  on Tuesday as investors looked ahead to the latest U.S. employment report later in the week and uncertainty over Greece continued to weigh on the single currency.
EUR/USD was down 0.48% to one week lows 1.0708.
The euro remained under pressure amid concerns over whether Greece can reach a compromise with its creditors in time to unlock more bailout funds before it runs out of cash in three weeks.


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Sunday 29 March 2015

Capitalgrow Forex Market ,dollar pushes higher against euro, yen

The dollar pushed higher against the euro and the yen on Monday after Federal Reserve Chair Janet Yellen reiterated Friday that the bank is likely to start raising interest rates later this year.
EUR/USD was down 0.22% to 1.0865, off Friday’s highs of 1.0947.

In a speech on Friday, Ms. Yellen said a rate hike may be warranted later this year, but added that weakening inflation pressures could force the Fed to delay.

The Fed chief said policy tightening could "speed up, slow down, pause, or even reverse course" depending on how the economy is performing.

USD/JPY edged up 0.09% to 119.24, off the one-month lows of 118.32 struck last Thursday.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.23% to 97.84. The index slid 0.66% last week, the second consecutive weekly decline.

Wednesday 25 March 2015

EUR/USD reaches two-week high


The euro continued its recent hot streak against the U.S. dollar, moving above 1.10 as weak data on U.S. durable goods strengthened the case for delaying a potential interest rate hike. EUR/USD rose steadily in U.S. morning trading to reach a two-week high at 1.103 before settling at 1.0974. The pair gained 0.44% or .0048 as it continues its steady rebound from early last week when parity appeared inevitable.

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Saturday 21 March 2015

Capital Grow FOREX services are uniquely designed for the FOREX traders .


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