USD – FOMC Meeting Minutes Today

by bforex.com | October 12, 2010 7:32 am
The USD gained on a day that many traders in North America didn’t fully participate in the markets because of holidays in the States and in Canada. The USD picked up ground versus the EUR and GBP...

EUR – Dollar Centric Still

by bforex.com | October 12, 2010 7:32 am
French and Italian Industrial Production numbers had mixed results Monday, but this was hardly the reason for the decline in the EUR against the USD. The Single Currency has enjoyed dollar centric generated gains even as many...

GBP – Housing Continues To Show Trouble

by bforex.com | October 12, 2010 7:31 am
The Sterling traded lower against the USD and the decline in value was not helped with reports coming out in the evening that show the RICS House Price Balance coming in worse than expected. However, it should...

JPY & AUD – Japanese Currency Staying Strong

by bforex.com | October 12, 2010 7:30 am
The JPY maintained its strong stature on Monday as investors did not back away from buying the Japanese currency even at its highest values. The JPY continues to test its strength against the USD and this is...

A focus on Commodity Currencies

by bforex.com | October 11, 2010 8:16 am
USDCAD The CAD continues to gain on the USD, just 100 pips away from parity. The pair recently bounced several times off of the 50-period EMA on a weekly chart. Over the past few years, the 50...

Watching The Federal Reserve

by bforex.com | October 11, 2010 8:15 am
The USD held onto its tentative ground on Friday, but it still finds itself against the weaker parts of its trend against the major currencies. The Non Farm Employment Change number turned in an ugly minus of...

Market Standing On Its Head

by bforex.com | October 8, 2010 8:49 am
The major currencies continued to have slash and burn trading ranges across the landscape. The USD traded at lows against the EUR and GBP before showing some ability to bounce back, but traders must continue to be...

Volatility For All To See

by bforex.com | October 7, 2010 8:24 am
The USD continued its decline on Wednesday against many of the major currencies as the broad markets exhibited nervousness – this as equities turned in mixed results and gold once again climbed to new highs.

USD – Central Banks Holding Sway

by bforex.com | October 6, 2010 8:15 am
Tuesday in many respects was a replay of the previous session as the USD continued to remain under pressure against the EUR and GBP. The JPY in the meantime also continued its steady pace and stayed at...

EUR – Questions Lurk

by bforex.com | October 6, 2010 8:14 am
The EUR gained against the USD again and it did so even as the broad Retail Sales for the continent turned in a result of minus -0.4%, falling short of the anticipated gain of 0.2%. Today the...