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Dollar Falls as Stocks Gain

Global stock markets are on the rise today on growing speculation that the Federal Reserve and other major central banks, will continue to hold interest rates at record low levels. The dollar and the yen both fell today as investors turned their attention to equities and higher-yielding currencies as reports due later this week, are expected to show rising export orders in Taiwan and South Korea.

Bloomberg News

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Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:46 am UTC, 02/03/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:45 am UTC, 02/03/2012
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Posted by Dean Popplewell at 12:35 pm UTC, 02/03/2012
Posted by Dean Popplewell at 12:33 pm UTC, 02/03/2012
Posted by Dean Popplewell at 12:32 pm UTC, 02/03/2012
Forex Rates
Interest Rates

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February
3
Today’s Global
Market Events
7:00 am

CAD
Employment Change
23.3K vs. 17.5K
CAD
Unemployment Rate
7.5% vs. 7.5%
8:30 am

USD
Non-Farm Employment Change
150K vs. 200K
USD
Unemployment Rate
8.5% vs. 8.5%
USD
Average Hourly Earnings m/m
0.2% vs. 0.2%
10:00 am

USD
ISM Non-Manufacturing PMI
53.1 vs. 52.6
USD
Factory Orders m/m
1.5% vs. 1.8%