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Author: Tina Reyes

Daily Forex Commentary April 7, 2010

April 7, 2010 Euro Finishes Down but Off Low; Bond Auction Indicates Rates May Remain Low The Euro finished down but off its session low when traders lightened up positions following dovish comments from Fed Chairman Bernanke...

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Daily Forex Commentary April 5, 2010

April 5, 2010 Better than Expected Economic Reports Fail to Support U.S. Dollar The U.S. Dollar opened down and remained lower against most major Forex markets as traders seemed to reassess Friday’s employment report while...

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Daily Forex Commentary March 30, 2010

March 30, 2010 Greek Debt Auction Failure Weighs on Euro The Dollar reversed earlier weakness to close higher after U.S. consumer confidence data came out better than expected. The friendly report served as further evidence that...

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Daily Forex Commentary March 29, 2010

March 29, 2010 Ease of Greek Bond Issue Underpins Euro The U.S. Dollar finished lower against all major currencies as trader demand for risk helped to pressure the Greenback. The weakness in the Dollar was attributed to optimism...

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