The U.S currency dropped to its weakest level in 2010 against the Japanese Yen as signs the U.S. economic recovery is losing momentum supported speculation that the Federal Reserve will keep borrowing costs low for the rest...
The U.S. Core CPI is the primary publication today that is set to determine the level of the dollar when the report is released at 12:30 GMT. The other main releases that are set to dominate forex...
Despite enthusiasm over the start of earnings season markets paired gains yesterday. Retails Sales in the U.S. came in lower than expected for the second consecutive month. Investors responded by sending equities lower. In the currency markets...
Risk taking took over the marketplace yesterday, as the euro hit a two-month high against the U.S. dollar. A solid day for the global stock market as well as a successful bill auction in Greece, were the...
The EUR has given back some of its gains made earlier last week and has traded in range for a couple of days now. Without much in the way of economic data from the European Union yesterday...
Due to renewed concerns regarding the Euro-Zone’s debt crisis and due to the beginning of earning season in the U.S, the Dollar slightly strengthened against the Euro yesterday. However, what will determine the direction of the Dollar...
The 1-0 over-time victory of Spain over the Netherlands in yesterday’s World Cup Final has generated an interesting question among market analysts. Does this victory put optimism and positive sentiment back into Spain’s crumbling economy? Can it...
The U.S currency declined against the EUR on Thursday after European Central Bank President Jean-Claude Trichet calmed investors’ concerns about European bank stress tests and the central bank’s liquidity programs. Positive employment data in the U.S. also...
EUR/USD has remained at or near its 7-week high throughout overnight trading, as investor confidence in the 16-nation currency continues to rise. Currently trading around the 1.2665 level, the pair’s next major resistance line is around 1.2676....
The EUR/USD pair continued last week rally during Tuesday trading session, which was the first trading day in the U.S. during this short trading week. The strength of the Euro came along with the Non Manufacturing Purchasing...
