The U.S. dollar continues to slide on almost all fronts. As a result, during the past week the euro reached a 5-month high against the dollar and the Japanese yen saw a 15-year high vs. the greenback....
Yesterday’s trading was filled with exciting developments; the dollar ended a bearish run against the euro and the British pound on one hand, and reached a 15-year low against the Japanese yen on the other hand. In...
The US dollar was weaker again as high yielding currencies performed well. The euro was up sharply versus the dollar and global bourses were higher following yesterday’s strong trading session in the Dow.
Today’s non-farm data from Automatic Data Processing Inc. (ADP) should give traders a glance into a sizeable portion of Friday’s Non-Farm Payrolls release, since it will be measuring the private sector of the US economy. Expectations are...
The yen is taking center stage today following the completion of the Bank of Japan two-day policy meeting. Traders were anticipating further calls for intervention but were surprised to hear of a cut in the interest rate...
The U.S dollar held near its lowest levels in 6 months against the euro on Monday after Federal Reserve officials said more quantitative easing might be needed if the U.S. economic outlook remained weak.
The end of the month brought a volatile trading day as US GDP and weekly unemployment numbers were released. Irish Banking woes continue to weigh on the markets but failed to slow a strong month for equities.
The US dollar reached its lowest level against the euro in five months Wednesday, as investors anticipated a Federal Reserve move to boost the ailing economy by renewing spending policies.
A disappointing US consumer confidence report released yesterday, caused the greenback to take heavy losses against virtually all of its main currency rivals. The dollar appears to have stabilized in overnight trading, but only after it hit...
Amid the central bank movements from the United States and Japan, the euro zone has been eerily silent regarding its currency valuation and interest rates. This week’s news events should help shed more light on what’s happening...