Category Archives: News

Dollar Battles for Traction after NFP Data

During light Asian trading session, the U.S. Dollar struck a 1-month trough against the Japanese Yen as market players reevaluate the Federal Reserve’s likely next move on Quantitative Easing in the wake of last Friday’s disappointing labor report. Continue reading

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Dollar Trade Awaits NFP

The U.S. Dollar Index edged away from a recently struck 7-week peak during Friday’s Asian trading session as investors anxiously await the government’s release of private sector jobs date which will either reaffirm or question the Fed’s intention to begin tapering of its long held QE program. Continue reading

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Dollar Trade Awaits NFP

The U.S. Dollar Index edged away from a recently struck 7-week peak during Friday’s Asian trading session as investors anxiously await the government’s release of private sector jobs date which will either reaffirm or question the Fed’s intention to begin tapering of its long held QE program. Continue reading

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Labor Data Lifts Greenback

The U.S. Dollar moved broadly higher following Wednesday’s ADP report which showed an unexpectedly better outcome of 238,000 new private sector jobs being added in December, the largest single month’s jump in more than a year. Continue reading

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Labor Data Lifts Greenback

The U.S. Dollar moved broadly higher following Wednesday’s ADP report which showed an unexpectedly better outcome of 238,000 new private sector jobs being added in December, the largest single month’s jump in more than a year. Continue reading

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Dollar Rebounds on Strong Trade Figures

The U.S. Dollar held close to a 1-month peak against its major rivals during Wednesday’s Asian trading session as the result of a strong rebound on the back of unexpectedly improved trade data from the U.S. Continue reading

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Dollar Rebounds on Strong Trade Figures

The U.S. Dollar held close to a 1-month peak against its major rivals during Wednesday’s Asian trading session as the result of a strong rebound on the back of unexpectedly improved trade data from the U.S. Continue reading

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Dollar Tanks as Data Disappoints

Unexpectedly poor economic data from the United States helped to send the greenback broadly lower during Tuesday’s Asian trading session, while simultaneously giving the Yen a solid boost. Continue reading

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Dollar Tanks as Data Disappoints

Unexpectedly poor economic data from the United States helped to send the greenback broadly lower during Tuesday’s Asian trading session, while simultaneously giving the Yen a solid boost. Continue reading

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Yen Higher as Nikkei Sputters

The Japanese Yen edged off of a recently struck 5-year trough against the U.S. Dollar and the common currency Euro as softness in Japanese equities gave traders a good reason to buy the safe haven currency. Continue reading

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