Forex Market News

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  Will Anyone Buy The U.S. Dollar?

  July 16, 2010 at 9:46 AM • Comment

  The Dollar has taken an incredible beating this week against all the FX Majors, but especially the Euro.  The Euro has led the charge in plummeting the U.S. Dollar to its biggest weekly... Read More

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  Disappointing U.S. and Chinese data suppress stocks, but USD remains sold on sleepy July

  July 15, 2010 at 4:05 PM • Comment

  Today's most interesting news were Chinese GDP numbers, and U.S. data on industrial production. Weekly jobless claims came less than expected, but they are volatile. Trading appears to be technically driven at the... Read More

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  Euro and Pound Shrug Off Disappointing Fed and China News, Break to New Hi's

  July 15, 2010 at 9:20 AM • Comment

  Currently, the Euro is blasting through the all-important key level at 1.2800 as investor sentiment has received an injection of confidence from a very successful European Bond Auction Wednesday morning.     Traders have... Read More

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  Downbeat FOMC Minutes and Disappointing Releases Lead to Stagnant Markets

  July 14, 2010 at 5:04 PM • Comment

  Today the USD fell, U.S. stocks held steady, while the Euro rallied. Most of this is the consequence of some disappointing numbers form the U.S., and downbeat commentary from the Fed, but if... Read More

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  Euro and Pound Break To Significant New Highs as Global Concerns Recede

  July 14, 2010 at 9:44 AM • Comment

  Risk appetite ruled the market Tuesday as buyers rushed out of the U.S. Dollar in search of the higher yield available in the Euro, Pound, Aussie, and Kiwi.  In this report, we will... Read More

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  Stocks Rally Strongly on Positive News and Data, Currencies Follow

  July 13, 2010 at 5:02 PM • Comment

  The USD was on the defensive today, along with JPY, while most risk assets rose, along with gold, stocks and the Euro. Gold has shown resiliency in holding to the 1200 handle,... Read More

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  The Key To Higher Prices in The Euro and Pound This Week

  July 13, 2010 at 12:34 PM • Comment

  According to technical charts of the major currencies, it seems that investors want to push prices higher on the Euro and Pound, but they just aren't getting fundamental support in order to justify... Read More

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  European Markets Rise as Huge Gold Swaps Cause a Stir

  July 13, 2010 at 12:31 PM • Comment

  The equity and bond markets rose globally last week, allowing for some breathing room in the stiflingly weak economic environment of the recent past. Nevertheless, prospects for the Euro and Pound Sterling may not... Read More

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  Commodity Currencies in the Spotlight Again

  July 13, 2010 at 11:09 AM • Comment

  The Australian, New Zealand and Canadian Dollars all performed phenomenally last week, especially considering how hard a beating they took just the previous week. *Commodity Prices Turn Higher* Rising commodities prices also favored the... Read More

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  Long Term Prospects for the U.S. Dollar in Question

  July 13, 2010 at 11:06 AM • Comment

  The U.S. Dollar took a sound beating from the commodity currencies last week as it fell 4% against the Aussie, 3% versus the Kiwi and 2.8% against the Loonie as those economies should... Read More