2009-12-31: Dollar near a 3 Month High on Signs of Economic Recovery Better than expected Chicago Manufacturing Index and lower equities pushed the USD to new highs versus the EUR and JPY Wednesday. Trading is expected to be extremely light today as markets close early ahead of New Year’s Eve. Light trading tends to exaggerate [...] [...more]
2009-12-31: Dollar near a 3 Month High on Signs of Economic Recovery Better than expected Chicago Manufacturing Index and lower equities pushed the USD to new highs versus the EUR and JPY Wednesday. Trading is expected to be extremely light today as markets close early ahead of New Year’s Eve. Light trading tends to exaggerate [...] [...more]
2009-12-30: The U.S. dollar Trades Higher on Recovery SignsThe U.S dollar posted gains against most major currencies on Tuesday, boosted by a report showing a rise in U.S. consumer confidence this month. According to analysts, the ongoing gains in the Dollar are based on U.S. economic fundamentals and the Fed’s outlook. The Federal Reserve is [...] [...more]
2009-12-30: The U.S. dollar Trades Higher on Recovery SignsThe U.S dollar posted gains against most major currencies on Tuesday, boosted by a report showing a rise in U.S. consumer confidence this month. According to analysts, the ongoing gains in the Dollar are based on U.S. economic fundamentals and the Fed’s outlook. The Federal Reserve is [...] [...more]
2009-12-29: All Eyes on Dollar as 2009 Comes To an EndWith a slow trading day expected today, investors will likely keep there eyes on the U.S. Dollar and whether it can maintain its recent upswing going into the New Year. Set to be released later today, the U.S. Consumer Confidence report should give traders a [...] [...more]
2009-12-29: All Eyes on Dollar as 2009 Comes To an EndWith a slow trading day expected today, investors will likely keep there eyes on the U.S. Dollar and whether it can maintain its recent upswing going into the New Year. Set to be released later today, the U.S. Consumer Confidence report should give traders a [...] [...more]
2009-12-28: Will the Euro Continue to Rise?Last week’s most significant event was the halt of the Dollar’s bullish trend against the Euro. After the EUR/USD pair dropped over 900 pips, it seems that the bearish correction could be limited. The main question now is whether the Dollar will manage to rise against the Euro again, [...] [...more]
2009-12-28: Will the Euro Continue to Rise?Last week’s most significant event was the halt of the Dollar’s bullish trend against the Euro. After the EUR/USD pair dropped over 900 pips, it seems that the bearish correction could be limited. The main question now is whether the Dollar will manage to rise against the Euro again, [...] [...more]
2009-12-24: Dollar Tumbles against Yen and EuroFollowing a disappointing American New Home Sales Report released yesterday, the U.S. Dollar seems to have reversed course in trading against its major counterparts. Both the Euro and Yen made impressive gains against the greenback, which both seem to have held going into Thursday’s trading session. EUR/USDMixed signals are [...] [...more]
2009-12-24: Dollar Tumbles against Yen and EuroFollowing a disappointing American New Home Sales Report released yesterday, the U.S. Dollar seems to have reversed course in trading against its major counterparts. Both the Euro and Yen made impressive gains against the greenback, which both seem to have held going into Thursday’s trading session. USDAccording to a [...] [...more]
