April 15, 2010 U.S. Dollar Finishes Mixed; British Pound Up as Election Concerns Ease The GBP USD closed higher after a report showed the opposition Conservative Party’s lead over the Labor Party widened, easing concerns...
Read MoreThe U.S. Dollar finished lower against most major currencies, driven by the dovish testimony of Fed Chairman Bernanke. In addition to commenting on the direction of interest rates, Bernanke also emphasized that the economic...
Read MoreApril 14, 2010 U.S. Dollar Falls on Bernanke Testimony The U.S. Dollar finished lower against most major currencies, driven by the dovish testimony of Fed Chairman Bernanke. In addition to commenting on the direction of interest...
Read MoreThe Euro wavered from up a few pips to down a few pips throughout most of the New York session as very limited news changed hands. Last night Greece concluded a successful 6-month and 52 week T-Bill auction. Demand was strong...
Read MoreApril 13, 2010 Euro Trades Flat; Traders Waiting for More News from Greece The Euro wavered from up a few pips to down a few pips throughout most of the New York session as very limited news changed hands. Last night Greece...
Read MoreThe EUR USD settled into a range after gapping open and pulling back from its high throughout the New York session, as traders awaited more details about the Greece bailout package. In addition, traders are waiting for...
Read MoreApril 12, 2010 Euro Finishes Higher; Poised to Fill Gap The EUR USD settled into a range after gapping open and pulling back from its high throughout the New York session, as traders awaited more details about the Greece bailout...
Read MoreThe European Union stood ready to rescue Greece if needed after Fitch Ratings cut the country’s credit rating to the lowest investment grade. The move appears to foretell that emergency bailout funding is forthcoming....
Read MoreApril 9, 2010 Euro Rallies on Speculation of Greece Bailout Package The European Union stood ready to rescue Greece if needed after Fitch Ratings cut the country’s credit rating to the lowest investment grade. The move...
Read MoreFriendly comments from European Central Bank President Trichet helped turn the Euro around after trading under pressure in Europe and Asia. The early session weakness was created by speculation that Greece was getting ready to...
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