ForeX

Forex, Online Currency Trading, Forex Trading, Currency Trading

Entries for April, 2008

Euro Falls Versus Dollar Before German Business Confidence Data

April 24 — The euro fell for a second day against the dollar on speculation an industry report today will show German business confidence declined in April, indicating the currency’s strength is hurting Europe’s biggest economy.
The 15-nation currency has retreated from a record high as traders bet slowing growth will discourage the European Central [...]

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Dollar Rises After G-7 Officials Signal Alarm at Pace of Slump

April 14 — The dollar rose to a one-week high against the euro after the Group of Seven expressed concern over “sharp fluctuations” following a 14 percent slump in the currency over the past year.
The G-7 changed its statement on currencies for the first time in four years after the meeting in Washington on [...]

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