With a slow trading day expected today, investors will likely keep there eyes on the U.S. Dollar and whether it can maintain its recent upswing going into the New Year. Set to be released later today, the...
Last week’s most significant event was the halt of the Dollar’s bullish trend against the Euro. After the EUR/USD pair dropped over 900 pips, it seems that the bearish correction could be limited. The main question now...
Following a disappointing American New Home Sales Report released yesterday, the U.S. Dollar seems to have reversed course in trading against its major counterparts. Both the Euro and Yen made impressive gains against the greenback, which both...
The U.S. dollar continued to strengthen against the majors during Tuesday’s trading session. Driving the dollar higher was a rise in existing home sales for the month of November and Final GDP numbers for the 3rd quarter...
The Dollar gained against almost all of its major counterparts on speculation the Federal Reserve is getting ready to withdraw the stimulus and tighten monetary Policy. Fueling investors’ expectations that U.S. interest rates to rise sooner than...
Last week’s most significant trend in the market was the bullish Dollar. Ever since the positive U.S. Non-Farm Payrolls figures were published, the Dollar is recovering on all fronts. The main question for this week is whether...
The dollar rallied yesterday around renewed sovereign debt fears in Greece and traders taking a hard look at when the Fed will begin to tighten U.S. monetary policy. A glut of European data releases will be driving...
Following the optimistic forecast for the U.S. economy given by the Federal Reserve Bank (FED) on Wednesday, the U.S. Dollar continued to make serious gains against its major counterparts well into morning trading. The EUR/USD pair was...
The U.S dollar rose to the highest level in more than 2 months on Tuesday as stronger-than-expected U.S. economic reports lifted the greenback and as concerns over the potential for European banks encountering a new round of...
The dollar fell slightly against the major currencies on Monday as signs of a sustained economic recovery and reduced concerns of a default in Dubai curbed demand for the U.S. currency as a refuge. The emirate’s move...
