Crude Oil Trades Near 29-Month High as Middle East Unrest Continues
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As violence in Libya continues, crude oil reached its highest level since September 2008 today, at $106.30 a barrel. Crude prices are also...
US Dollar Remains Weak despite Dip in Commodity Prices
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly...
Unrest in Libya Boosts Crude Oil to $99.90
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in...
USD May Turn Bullish Today
Following yesterday's losses, the US dollar has the potential to stage a bullish correction today providing that this week's Unemployment Claims figure comes in...
Dollar Falls as Risk Appetite Rises
The euro gained against the U.S. dollar and Japanese yen in late trading Tuesday as stronger Japanese equities prompted investors to buy back the...
Dollar Rallies on US Employment Data
The dollar was up versus the major currencies following disappointing non-farm payrolls numbers, highlighting the difficulties the Federal Reserve faces in reducing US unemployment.
USD
Non-Farm...
Further Bearish Movement Expected for USD Today
The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch...
Euro Reaches Two-Month High Against USD
The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as...
Interest Rate Differentials Trigger Dollar Selling
The US dollar sold off today in favor of higher yielding currencies with the largest gains seen in the euro and Aussie dollar. The...
EUR Dives from Investor Pessimism
The euro's downturn against its rivals yesterday was brought on at the start of this week's trading by reduced optimism regarding the EU rescue...
US Dollar gains from reduction in US federal deficit
A positive element to emerge from yesterday's economic events from the United States was a reduction in the Federal Budget Balance, from a deficit...
Dollar weakness continues during the week
The euro came off its New Year's low following a rise in equities and a decision by Japan to buy European bonds that were...
US Dollar falls slightly vs Rivals
The U.S. dollar fell slightly against most of its major currency counterparts on Monday as the euro recovered from its losing streak, signaling a...
Dollar rallies vs Euro as unemployment rate in US falls to...
The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data....
Bank Stress Tests fail support the Euro due to questionable reliability
EUR/USD
Last week's trading has led to a doji candlestick formation on the weekly chart indicating a potential reversal lower for the pair....