World-Forex The dollar falls low

The world is keeping track on Forex to follow the incline and decline of the dollar, euro and other currencies. The dollar is getting lower against euro and the US interest rates are staying low and is are predicted to stay lower for a longer time, at least compared to other major currencies and countries.

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The surprising news of the week was seeing JPMorgan and Intel Corporation lifting up and beating their forecasts, which led making people feel more comfy and less risky. Intel, the world’s best 5th brand and a leader in manufacturing semiconductors, has beaten the forecast predictions and had an increase in revenue by 4.4 percent. The estimations were less but this certainly was good news for the economy.
As for the dollar index was kind of down by 0.19 percent. As for the euro it has hit a new rate at 1.4967 against the dollar. The Yen rose and also the British pound.
Although some brighter signs from the American consumers’ side, yet nothing is certain. The bad news is that as long as the unemployment keeps rising, the interest rates are not getting better. And once the rates are raised then the dollar will recover slowly.
Let’s wait and see what happens next in the forex world! As one day we are up and running and the next day we are down and low!