With the United States economy coming back online following yesterday’s holiday break, the US government is scheduled to release a few minor data sets. The most impactful figure being published will be the Conference Board’s (CB) consumer...
With the United States on holiday Monday, currency traders are likely to witness a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the...
The Swiss franc and the Japanese yen were the strongest performers yesterday as the Greek debt crisis continues to weigh on the euro. Weak US data has pushed market players into alternative safe-haven currencies rather than the...
A rebound in risk appetite spurred by stronger US economic data helped to weaken the safe haven currencies of the US dollar and the yen. The dollar block currencies recovered off of previous lows following Monday’s flair...
The euro paired its sharp losses versus the US dollar yesterday but judging from the recent price action momentum has shifted against the 17-nation currency.
Renewed tensions surrounding Europe and the peripheral nations’ debt crisis combined with weak US economic data has helped to drive the dollar rally for the third week.
The US dollar opened this week moderately stronger versus the euro Monday as traders continued last week’s shift into safer assets. As of late trading Monday, however, the EUR/USD pair shifted back into a bullish posture as...
The US dollar opened this week moderately stronger versus the euro as traders appear to have continued nursing wounds from last week’s dizzying session. The result has been for the EUR/USD to come within reach of 1.4050...
The EUR was not able to hold its recently stable price against the US dollar as regional investors battled over the direction of the 17-nation common currency. Regional bears won the day as the rumor mill chewed...
Oil prices dropped sharply yesterday with the New York Mercantile Exchange session closing just below the $98 price mark. US oil stockpiles rose over 3 million barrels for the second week in a row, marking a significant...
