Early gains for EUR/USD were unsustained in European hours. Reports that officials in India, Japan, and S.Korea see no alternatives to the USD as a reserve currency and that the Chinese central ...
Technical oscillators supporting the bullish trend for the GBP/USD currency pairGBP/USD-market strategy can be a buy from the level 1.6580$ Technical oscillators supporting the bullish trend for ...
The commodity complex came off the boil in the NY session and this led to a revival in the US dollar. The weekly oil inventory data showed a massive 2.9 million barrel build in the latest week (market...
The downside pressure on the US dollar remained palpable in the NY session as fiscal deficit worries remain front and center. Talk out of Russia for a new global reserve currency and Chinese students ...
EUR/USD has pushed higher late in the London morning, taking out the 1.4200 level. While price action has picked up in the approach to the US open, earlier in the day consolidation and ...
The choke hold that has been on the US Dollar as of late was temporality loosened prior to the open in Asia after the Greenback spent its time in New York recording some new lows for 2009. The action ...
Today's market open looked promising for the US Dollar, with the Greenback making gains right out of the gate, however the move was short lived as it slipped right back to multi-month lows as traders ...
Sterling, the AUD and the NZD have all made huge gain vs the USD this morning; the EUR has also seen a sizeable rally. The weakness of the USD can be linked to the US treasury market and ...
More risk appetite remained the flavor in the NY session as stocks continued to ride the confidence waves on the back of better global PMI reports. US manufacturing ISM continued this trend by ...
Another wave of optimism with respect to the global economy is underpinning market sentiment this morning. Stocks have risen across the board in Asia and in Europe, the USD has softened vs the ...