Category Archives: News

A wave of short Dollar positions triggered by concerns over the US and global economies on Wednesday led to the USD’s biggest daily gain in nearly two years. That gain reversed itself on Thursday with the greenback declining. Continue reading →

The USD hovered within clear sight of a a decade and a half low against the Japanese currency on Wednesday after the Federal Reserve announced their intentions to boost a flagging economy by reinvesting money from maturing mortgage bonds into governmen… Continue reading →

The uncertainty over the future federal reserve decision that many are speculating will lead to further quantitative easing as a result of a slowing economy, has led to a serious USD rebound. Continue reading →

The USD nosedived VS the JPY on Monday, approaching a 15-year low, after a pessimistic U.S. July payrolls report generated rumors that the Federal Reserve might consider a further easing monetary policy as early as this week. Continue reading →

The USD was on the defensive close to a a 3-½ month low versus a variety of currencies after poor U.S. jobless claims figures raised worries that Friday’s payroll data could paint a sad picture of the U.S. economic recovery. Continue reading →

The Canadian Dollar struck a new 13-week peak versus the U.S. Dollar in early New York trading in advance of critical North American jobs reports to be released tomorrow by the U.S. and Canadian Labor Departments. Continue reading →

The Canadian Dollar struck a new 13-week peak versus the U.S. Dollar in early New York trading in advance of critical North American jobs reports to be released tomorrow by the U.S. and Canadian Labor Departments. Continue reading →

The USD steadied on Thursday after it enjoyed a rare rally the previous day when U.S. data exceeded expectations and sparked a bout of short-covering, although the overall mood remains bearish ahead of a key payrolls report. Continue reading →

The USD hit an 8 month low VS the JPY and hovered near a three-month trough against the EUR on Wednesday. Continue reading →

The U.S. Dollar slipped in early morning trading in New York, striking new multi-month lows versus the Japanese Yen, Pound Sterling and the common currency Euro on growing concerns that the pace of the economic recovery in the United States is slowing…. Continue reading →