UFXBank's Videos 109 videos
The Dollar traded almost unchanged versus the major currencies of Forex trading as the Christmas holiday was celebrated on Friday. The Stock Markets in the U.S. were closed as well. Crude Oil was not tradable and its price remained above 91$ a barrel
  • 27 Dec 2010
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The Dollar rose versus most majors as the FOMC Meeting Minutes revealed its members shared differing opinions regarding reinvestment of the FED'S gains back in treasuries, as they assumed it would send a negative message to investors.
  • 1 Sep 2010
  • 156
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The Dollar weakened against other majors currencies after growth in the U.S. slowed to a 2.4 percent annual rate in the second quarter, less than forecast, reflecting a larger trade deficit and cooler consumer spending.
  • 2 Aug 2010
  • 187
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The Euro jumped against the Dollar in Forex Trading to 1.23 zones after the ECB said it would lend banks less than analysts estimated; spurring optimism that funding pressures among financial institutions are lowering, but erased part of the gains after the decision of Moody’s to put Spain’s rating on review for a potential downgrade.
  • 1 Jul 2010
  • 234
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The Dollar advanced against the other majors in Forex trading after confidence among U.S. consumers sank in June more than forecast and Stocks plunged as the confidence data combined with conference board figures showing China’s economic outlook improved less than previously estimated, added to concern the global economy is slowing, leading the investors to sell risky assets.
  • 30 Jun 2010
  • 129
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The Euro fell against almost all of the majors, dropping the most in 3 weeks versus the Dollar after U.S. data showed inflation remains muted and Group of 20 leaders agreed on a target for cutting budget deficits.
  • 29 Jun 2010
  • 156
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The Dollar weakened against most major currencies after Friday’s U.S. GDP revision came out lower than expected at 2.7%, instead of 3.0%, indicating a weakening U.S economy and decreasing the currency’s stability.
  • 28 Jun 2010
  • 275
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The Dollar fell across the board after the FED left rates unchanged at 0.25% as expected and said that economic recovery is proceeding.
  • 24 Jun 2010
  • 193
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The Dollar gained versus most majors after disappointing Existing Home Sales spurred demand for the safety of the Dollar
  • 23 Jun 2010
  • 136
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The Pound weakened versus the Dollar, falling below the 1.48 mark and snapping a 2-day rally. The Dollar traded mixed versus most majors after mixed U.S. data on housing starts and producer prices
  • 17 Jun 2010
  • 163
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The Dollar continued to weaken against other major currencies as commodities got a boost from stocks that rose on decreasing concerns regarding euro zone debt crisis
  • 16 Jun 2010
  • 134
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This week Hungary began taking steps to narrow its budget deficit. This is a preemptive move to lower the possibility of acquiring a bailout from the European Union. We also saw Oil make a strong rebound towards the 75 Dollar level as Exports from China felt a large surge. There are rumors out of England that the Bank of England may continue their Stimulus plans as public spending cuts appear inevitable.
  • 13 Jun 2010
  • 132
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The Dollar gained versus all majors except the Yen as stocks fell over renewed concerns about contagion in Europe and weaker than expected Non Farm Payrolls data. Non Farm Employment Change came out with 431K less than 521K expected.
  • 7 Jun 2010
  • 96
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Last week we saw the resignation of Japan’s Prime Minister and the selection of his replacement. There was discussion last week of a possible rate hike in the United States, as officials are encouraging the idea of raising it to 1% in hopes of making the Dollar gain. G20 meetings are continuing as the Euro Zone crisis is still a major issue for the global economy.
  • 6 Jun 2010
  • 122
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The Dollar was little changed versus the majors as U.S equity markets remained closed and markets around Europe were flat despite Spain's downgrade on Friday. Crude gained by 0.9% closing at $74.8 a barrel.
  • 2 Jun 2010
  • 270
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The Greenback rallied against most majors after the release of a larger than expected increase on US Durable Goods Orders came out 2.9% vs. 1.4% expected. Crude rose back above the $70 level closing at $70.84 a barrel. Gold rose for a third day in a row, closing at $1211 an ounce.
  • 27 May 2010
  • 134
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The Dollar closed stabilized as stocks market cut losses at the end of the session, moreover the dollar rose sharply during the day owing to defector group that said North Korean leader Kim Jong Il ordered his military to prepare to fight. CB Consumer Confidence came out better than expected at 63.3 vs. 59.1 forecast.
  • 26 May 2010
  • 127
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The Dollar weakened against most majors as the global slide in equities stabilized, reviving demand for currencies related to economic growth. NASDAQ and Dow Jones rose by 1.14% and 1.25% respectively, crude oil fell by 1.1% closing nearly to 70.00$ a barrel, Gold continued to fall on Friday weakened by 1.0% closing at 1176$ an ounce.
  • 24 May 2010
  • 138
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