Category Archives: News

The common currency steadied close to a 4-month peak versus the U.S. Dollar in Asian trading on growing speculation that the ECB is moving closer to an interest rate hike. Continue reading →

In Asian trading today, the U.S. Dollar is seeing slight gains against the common currency Euro, which could not breach a key resistance level.  Continue reading →

Ahead of Ben Bernanke’s testimony later today in the U.S. Congress, the U.S. Dollar is under heavy pressure in Asian trading.  Continue reading →

In mid-afternoon trading in Asia, the Euro briefly fell to a 3-week low versus the Japanese Yen, which was precipitated by a decline in regional stock prices. Continue reading →

For the second consecutive day, the Swiss Franc struck a new record high against the U.S. Dollar as investors flock to the safe haven currency in the face of escalating violence in Libya. Continue reading →

The U.S. Dollar struck a record low against the safe haven Swiss Franc and investors expect that the greenback will remain under heavy pressure as the violence in the Middle East and Northern Africa escalates. Continue reading →

In mid-afternoon trading in Asia, the common currency Euro rose against the U.S. Dollar as two ECB officials confirmed that the central bank stands at the ready to increase interest rates if inflationary pressures warrant. Continue reading →

The US Dollar saw broad gains in Asian trading today as geopolitical tensions in the Middle East ratcheted up a notch, and investors shun high risk currencies in favor of the safe haven greenback.  Continue reading →

In what is expected to be a lackluster trading day across the forex markets, the common currency Euro held steady, close to a 10-day hike, on renewed speculation of an ECB rate hike. Continue reading →

As geopolitical tensions rise in the Middle East and now Northern Africa, in Asian trading the safe haven Swiss Franc is holding steady against the U.S. Dollar near to a 2-week peak.  Continue reading →