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US Dollar Mixed in Europe

US dollar mixed, gold down in European morning trading The U.S. dollar was mixed against other major currencies in European trading Wednesday morning. Gold fell. The euro traded at $1.3980, up from $1.3963 late Tuesday in New York. Other dollar rates: --90.46 Japanese yen, up from 90.38 --1.0805 Swiss francs, down from 1.0848 --1.2134 Canadian dollars, down from 1.2188 The... [read more]

ForexGen | US Dollar Tumbles as Q3 GDP Falls 0.5%

US Dollar Tumbles as Q3 GDP Falls 0.5% Amidst Sharpest Contraction in Consumption Since 1980The US dollar fell sharply across the majors as US data was broadly disappointing, adding to the pile of evidence suggesting that the nation is in the midst of recession.It seems that the announcement of yet another Federal Reserve lending facility - this time to support consumer and small business loans... [read more]


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