The greenback rallied yesterday on a report that hiring picked up in the month of December. Following better than expected inventory numbers the price of crude oil came off a 3-week low to trade above the $90...
The dollar gained against most of its major currency rivals yesterday, partly due to expectations that this week’s labor reports will provide further evidence that the U.S. economy is recovering. The first of these reports is the...
The US dollar slid against the euro following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may continue...
The US dollar has made gains against most of its main currency rivals as we start off the first trading week of 2011. Since markets opened, the EUR/USD pair is down 90 pips and is currently trading...
The euro strengthened yesterday against most of the major currencies after reports showed better-than-expected figures for the U.S. economy. In a speech yesterday, German Chancellor Angela Merkel called to strengthen the euro, stating that the euro is...
The USD/JPY has fallen for the past 6 consecutive trading days as Japanese exporters buy the yen. This one-sided trade and the sharp losses in the pair may force the Japanese Ministry of Finance to intervene in...
The release of the M3 Money Supply report today at 9:00 GMT could help boost the EUR in today’s early morning hours if the report reveals a growth beyond expectations; suggesting growth in spending and investment, as...
With slow trading expected today, investors will likely keep their eyes on the U.S. Dollar and whether it can maintain its recent upswing that it experienced last week. Set to be released later today, the U.S. Consumer...
Markets were relatively muted in overnight trading, as a lack of news events have created a low liquidity environment. Still, there were some erratic price movements to start of the week. The EUR/USD pair once again dropped...
Crude futures hit a two-year high Thursday, reaching above $91 a barrel as several economic data releases from the U.S offered a brighter economic outlook for the world’s largest oil consumer.
