With Europe still on holiday in observance of Easter, today’s markets will be highly illiquid, making most currencies continue to trade within tight ranges until the opening of trading on Tuesday. Tomorrow’s news should be much more...
Traders watching the price of oil climbing with despair were disheartened yesterday as shifts in risk sentiment and thin holiday trading conditions helped push the price of oil over $112 a barrel. Both US President Barack Obama...
Wednesday’s relatively thin market conditions have apparently granted support to the euro and other commodity-linked currencies. Tensions appear to be easing in regards to recent flare-ups in debt woes in the US and Europe, which have helped...
Today’s existing home sales figures out of the United States will likely provide less help for the USD from yesterday’s downtick versus the euro, but risk aversion appears to be moving back in favor with the greenback...
Standard and Poor’s ratings agency shifted their assessment of US long-term debt from stable to negative yesterday, citing indecisiveness and inaction on the part of US policymakers. The statement has been commented on as overdue considering the...
Though the USD is gaining ground on the euro, the blame lies not on US strength but in euro zone weakness. The EUR failed to break above key resistance levels and promptly dropped as a result, pushing...
As the debate on international imbalances intensifies, China’s monetary policies are coming under direct pressure and could have significant impact on the US bond market, which may be partially behind the USD’s decline since yesterday evening.
The euro zone’s fundamental data have lately been showing growing weakness in the region as global industrial production begins to slow on Japan’s nuclear crisis and soaring oil prices. Monetary policy adjustments have many currencies trading more...
The most pressing concern in the commodities market lately has been a fear that the global economy cannot sustain sufficient growth with oil prices reaching above $100 a barrel. Investors witnessed the price of oil drop from...
The greenback’s latest reprieve may be partially explained by a relaxation in demand for commodity-linked currencies, like the Aussie and Canadian dollars. Moreover, a series of dovish statements from members of the Federal Open Market Committee (FOMC)...
