The Dollar remained lower against higher yielding currencies today, after mixed economic data published yesterday. Crude Oil prices remained mainly unchanged on concerns of Chinese monetary policy tightening which might dampen the country’s demand for commodities.
Following yesterday’s bearish downturn for the U.S. Dollar, the greenback will try and recover some of its losses with the help of several critical economic indicators today. Both the U.S. Trade Balance Report and this week’s unemployment...
Investors raised their appetite for riskier assets during yesterday’s trading, but still avoided European and British currencies because of debt worries. The big gainers yesterday were the AUD and CAD, both currencies are linked to commodities, in...
Some of the latest price movements in the EUR have reflected a growing sense of optimism in the Euro-Zone, given the mild easing of debt concerns in Greece. Switzerland also appears to be having a positive effect...
After a week of relatively peaceful trading, much harsher volatility is expected for this week’s trading. The main questions for this week are whether the U.S. economy will continue to provide positive data and whether the Greek...
The forex market is bracing itself for some heavy volatility as the U.S. Non-Farm Payrolls figure is set to be released today. The monthly report is one of the most significant market indicators and will heavily impact...
The U.S. dollar traded lower Wednesday as investors moved to higher-yielding currencies and riskier assets after U.S. data was better than expected. ISM service data showed the U.S. services sector grew in February at its fastest pace...
The USD fell Tuesday versus the EUR on comments from Greek officials regarding the government’s commitment to make major budget cuts necessary to reduce the deficit. Pressuring the Dollar further were hawkish statements regarding interest rate hikes...
The U.S. Dollar and Yen firmed against most major counterparts on Monday as investors trimmed stretched risk positions in higher-yielding currencies. The safe heaven currencies were bolstered by continuing investor concerns over mounting fiscal problems in Euro-zone...
After a week which was mostly characterized with the halt of the Dollar’s bullish trend, a hefty news week is impending. Australia, Canada, Great Britain and the Euro-Zone will all publish their monthly Interest Rates desiccations. And...
