The Dollar is likely to go volatile during and following the ISM Manufacturing PMI release today at 14:00 GMT. Meanwhile, forex traders are advised to take positions on trades, as a string of data releases coming out...
The U.S. dollar fell on Monday to its lowest in a month against the Yen as worries about the spread of the swine flu from Mexico prompted investors into perceived safe-haven currencies such as the Yen and...
Whilst the Dollar declined in yesterday’s trading against most of its major currency pairs, Oil prices recorded considerable gains. Thus lately, there has been an inverse relationship between the greenback and the black gold. Therefore it is...
With an abnormal number of news events coming from Britain, the Euro-Zone and the United States today, forex traders have been in a frenzy to place their bets before the trading day gets underway. Trading during these...
Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and the JPY have been the primary beneficiaries of this trading strategy. Comments by...
Today’s US Dollar Trading • USD tries to extend gains and fails• BOC cuts rates adding to whipsaw• Traders note stops in range adding to downside for the USD
Today’s US Dollar Trading • USD holds gains in New York after running stops• Most pairs respect S/R but volumes light• Traders note cross-spreaders for Yen active in all pairs Overnight Preview • Look for the USD to...
Drops in U.S. equity markets rattled investors as both the Dollar and the Yen benefited from traders unwilling to take on further risks. The price of Crude Oil also plunged due to further signs the U.S. economy...
Last week, traders saw a flurry of economic news affecting the American economy and practically zero news emanating from Europe. This week appears to be the exact opposite. A blizzard of economic events is expected from the...
Today’s US Dollar Trading• USD maintains two-way action, respects S/R• Stops drive trade in both direction• Traders note large names on the dips in EURO and GBP
