June 1, 2010 U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion The U.S. Dollar finished the first full session back from the holiday weekend by posting gains against most major currencies. Risk aversion was the theme...
Read MoreThe U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the Dollar all day led by the strong turnaround in the Euro. Additional...
Read MoreMay 27, 2010 U.S. Dollar Down on Increased Demand for Risky Assets The U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the...
Read MoreThe U.S. Dollar Index rose early Wednesday morning and held on to its gains throughout the trading session following better than expected U.S. Durable Goods and New Home Sales Reports. The falling Euro also contributed...
Read MoreMay 26, 2010 U.S. Dollar Index Gains after Good U.S. Economic News The U.S. Dollar Index rose early Wednesday morning and held on to its gains throughout the trading session following better than expected U.S. Durable Goods and...
Read MoreThe Euro recovered into the close after testing the low for the year at 1.2143. If this low holds, then it will mean that last week’s reversal bottom is still intact while indicating that buyers have stepped in to support...
Read MoreMay 25, 2010 Euro Rallies after Technical Rebound The Euro recovered into the close after testing the low for the year at 1.2143. If this low holds, then it will mean that last week’s reversal bottom is still intact while...
Read MoreThe EUR USD traded sharply lower overnight and early in the session as nervous traders reacted to the news that Spain’s government had taken over a struggling financial institution. The heavy selling pressure last night...
Read MoreMay 24, 2010 Euro Lower; Spain Takes over Financial Institution The EUR USD traded sharply lower overnight and early in the session as nervous traders reacted to the news that Spain’s government had taken over a struggling...
Read MoreMay 21, 2010 Weekly Reversal Up could be Powerful Signal for Euro The Euro finished the week higher, but more importantly posted a closing price reversal bottom on the weekly chart. This pattern suggests that this week’s...
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