The USD has advanced against the EUR and GBP on speculation that the European Central Bank (ECB) and Bank of England (BoE) will reduce borrowing costs this week in response to the expanding recession in the Euro-Zone....
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Many analysts predict that in the coming weeks, as American consumers go out shopping for the holiday season, the value of the USD will follow a steady path of appreciation. While Europe celebrates the same holidays as...
Today’s US Dollar Trading • USD continues slide, stops drive trade• Aggressive buying of GBP seen in afternoon trade• Volumes remain lighter amid thinner conditions
Today’s US Dollar Trading • USD falls on long-liquidation• Stops noted in all pairs• Volumes better
Today’s US Dollar Trading • USD starts weaker, stops drive majors higher• Upside resistance holds and the majors drop hard• Volumes high on the move
Today’s US Dollar Trading • Two-way action due to equities• Traders note USD feels neutral• EURO makes lows late
Lately the dollar is gaining a bullish momentum overseas as investors are buying more of the safest U.S. assets as the global economy enters a recession. Overseas investors bought a net $27.2 billion of U.S. assets in...
Today’s US Dollar Trading • USD falls after early strength, stops drive trade• Equities rally lifts EURO• Volumes remain light
