Category Archives: News
U.S. Dollar Broadly Higher as Fed Chair Warns of Likelihood for More QE
In early morning trading in New York, the U.S. Dollar is broadly higher and recouping some of last week’s late losses, supported by recent comments from the Federal Reserve Chairman who suggested the strong possibility that additional quantitativ… Continue reading
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Greenback Recovers Some of Friday’s Losses in Asia
In Asian trading today, the U.S. Dollar managed to recoup some of last Friday’s losses against the common currency Euro as investors once again turn their focus to the Eurozone’s fiscal worries. Continue reading
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Euro Steadies after Rebound, Markets Eye U.S. Labor Data
In Tokyo trading today, the common currency Euro held steady against the U.S. Dollar, retaining most of the gains derived from yesterday’s rebound. Continue reading
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Euro Steadies after Rebound, Markets Eye U.S. Labor Data
In Tokyo trading today, the common currency Euro held steady against the U.S. Dollar, retaining most of the gains derived from yesterday’s rebound. Continue reading
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U.S. Dollar Higher vs Euro, Lower vs Yen/Loonie
The Euro slipped lower against the U.S. Dollar following the European Central Bank’s announcement that interest rates would remain unchanged and that the current monetary policy was appropriate. Continue reading
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U.S. Dollar Higher vs Euro, Lower vs Yen/Loonie
The Euro slipped lower against the U.S. Dollar following the European Central Bank’s announcement that interest rates would remain unchanged and that the current monetary policy was appropriate. Continue reading
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Euro on Hold as ECB Announcement Draws Near
The common currency Euro is in a holding pattern in Asian trading today, as investors await the outcome of today’s ECB meeting. Continue reading
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Higher Risk Currencies Edge up over Safe Haven USD
The Canadian Dollar rose against the greenback in early trading in New York, as recent comments by the president of the European Central Bank encouraged investment into higher risk currencies. Continue reading
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Euro Broadly Pressured Ahead of ECB Meeting Thursday
The common currency continues to be put under significant pressure, today in Tokyo hovering near an 11-week trough versus the U.S. Dollar and the Japanese Yen, even as investors await word from the Eurozone policymakers on their next step to contain th… Continue reading
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U.S. Dollar Rises to 2½ Month Peak on Rise in Consumer Confidence
The U.S. Dollar rose to a 2½ month peak against the Euro in New York trading today, as persistent worries about sovereign debt in the Eurozone put pressure on the common currency. Continue reading
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