Category Archives: News

In Asian trading, the U.S. Dollar Index, a measure of the greenback’s value against a weighted basket of major currencies, has fallen to a 1-month low, while in pairs trading, the greenback has steadily held near a record low against the Swiss Fr… Continue reading →

With market hopes pinned on the Greek government, the Euro rose against the U.S. Dollar, striking a 3-week high as it approaches chart resistance that could cap near-term gains. Continue reading →

Following the release of a report stating that Germany might agree to make some concessions on terms for a a Greek bailout, the common currency Euro surged to a 3-week high against the U.S. Dollar. Continue reading →

As market players moved to cover short positions in the U.S. Dollar following last week’s slide, the common currency Euro slipped in Asian trading though managing to hold onto most of Friday’s gains. Continue reading →

Yesterday’s worse than expected data which detailed a still weak U.S. labor market and tepid first quarter growth pushed the U.S. Dollar broadly lower in Asian trading. Continue reading →

The common currency gained against the U.S. Dollar in Asian trading aided by a rise in commodity prices and a the recent release of a report that the Chinese central bank is considering buying Portuguese bailout bonds. Continue reading →

In Asian trading today the common currency fell further, approaching crucial support levels, following unrelenting pressure from hedge fund operators on escalating Eurozone concerns. Unsubstantiated rumors that the Greek government may call for a snap … Continue reading →

The U.S. Dollar Index is holding steady, close to a 7-week peak as the common currency Euro remains on the defensive amid growing concerns that Spain’s fiscal troubles will exacerbate following election losses by the ruling party. Continue reading →

The common currency Euro slipped to a 2-month low versus the U.S. Dollar in Asian trading today; it struck a new historic low, as well, against the Swiss Franc. Continue reading →

The U.S. Dollar continues to struggle against the common currency Euro as investor expectations that an interest rate hike from the U.S. Federal Reserve were dashed. Continue reading →