The EUR/USD pair rose before the Federal Reserve’s Wednesday announcement, filling the gap from the weekend. The pair then fell apart as the announcement wasn’t overly optimistic and disappointed as the Fed didn’t do much to boost...
Investors are waiting for the results of the FOMC meeting.
The USD/CAD pair fell for a while on Tuesday, but then rose as traders sold off commodities and stocks in the late hours of the session. The Canadian dollar suffered as a result as it is considered...
AUD/USD rose during the Tuesday session, but gave up a lot of its gains in the afternoon of the US session. The reports that the IMF, EU, and ECB (the “Troika”) are waiting until October to come...
Tuesday saw the USD/CHF pair rise slightly, as the rumors of a Swiss National Bank meeting hit wires. The SNB is rumored to be considering raising the floor on the EUR/CHF to the 1.25 level, and this...
GBP/USD rose on Tuesday as traders bought the Pound in general. The move is decidedly countertrend to the recent fall, and because of this we are currently waiting to see if the gap from the weekend closes...
USD/JPY fell on Tuesday as word got out that the “Troika” was going to wait until October to head back to Athens in order to discuss a bailout. This could suggest that the process is going even...
EUR/USD rose during the early hours of the trading session, but fell a bit towards the end of the day on Tuesday as the news got out that the ECB, IMF, and ECB – the financiers of...
The U.S. dollar fell against most of its major currency rivals on speculation the Federal Open Market Committee will announce further easing in order to support the U.S. economy; Crude oil prices gained on optimism that the...
The major trend IN THE Dollar Index indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities.Key...
