Author: Tina Reyes

The Euro fell from its high and traded lower on Friday talk that Ireland may need outside help to bail-out its financial sector and economic problems.  Early Friday the Euro continued its surge to the upside on speculation...

The EUR USD rose to its highest level in more than a month after a strong debt auction in Spain relieved investor concerns about the county’s ability to tap capital markets for investment. The rally took the market to...

The U.S. Dollar soared over 3% against the Japanese Yen after Japanese officials finally succumbed to mounting pressure to protect its export-driven economy and initiated its long-awaited intervention.Early Tuesday night, with...

The U.S. Dollar declined against all the major currencies on Tuesday after economic reports showed U.S. retail sales and business inventories rose more than analyst expectations. The friendly data helped ease investor concerns...

The USD JPY closed up on Friday, but was still lower for the week. Today’s action confirmed Wednesday’s closing price reversal bottom, but all this indicates is the possibility of a short-covering rally back to 84.62...

The GBP USD traded slightly lower amid speculation that the Bank of England is planning further measures designed to stimulate the economy. The Pound weakened overnight after U.K. Deputy Prime Minister Nick Clegg said the...

The U.S. Dollar trimmed a little of its losses late Wednesday after the Federal Reserve’s Beige Book cited a slowing economy and limited inflation pressure. Most of the damage to the Dollar was done earlier in the session,...

The Japanese Yen hit a 15-year high versus the U.S. Dollar on Tuesday as investors shed risky assets. Safe haven flows partially triggered by a report in the Wall Street Journal sent cautious traders scrambling for protection...

The Euro surged to the upside overnight, taking out the last swing top at 1.2779 and changing the main trend to up on the daily chart. Based on the range of 1.3334 to 1.2587, the EUR USD is now set up for a possible test of the...