March 9, 2010 Dollar Finishes Higher despite Strength in Equity Markets The U.S. Dollar finished higher on Tuesday against most major currencies in another round of light trading. Traders opened the New York session averse to...
Read MoreThe U.S. Dollar had a choppy, directionless day. The lack of event risk was likely the main reason for this as well as the easing of the Greek fiscal crisis. Trading could continue in a similar manner over the next few days...
Read MoreMarch 8, 2010 Trader Confidence in Euro Building; Shorts Lighten Positions The U.S. Dollar had a choppy, directionless day. The lack of event risk was likely the main reason for this as well as the easing of the Greek fiscal...
Read MoreThe U.S. Dollar was up sharply against all major currencies as investors flocked to safer assets following a poor housing report and concerns about Greece’s ability to shore up its budget deficit. More the most part,...
Read MoreMarch 7, 2010 Greek Parliament Approves Budget; Euro Firms The EUR USD finished the day higher after the Greek parliament approve a package of budget cuts and tax increases. These financial reforms prompted Greece’s prime...
Read MoreMarch 4, 2010 Dollar Rises after Forex Traders Flock to Safer Assets The U.S. Dollar was up sharply against all major currencies as investors flocked to safer assets following a poor housing report and concerns about...
Read MoreMarch 3, 2010 Greek Budget Cuts, Technical Reversal Fuels Euro Rally On Wednesday, the U.S. Dollar lost ground to most major currencies except the New Zealand Dollar. Early selling pressure triggered a change in trend when this...
Read MoreMarch 2, 2010 U.S. Dollar Finishes Mixed; Euro Reversal Signals Possible Bottom On Tuesday, the U.S. Dollar finished mixed against most majors as traders tried to decide whether the market had reached the end of the rally. This...
Read MoreThe USD CAD fell sharply lower after a report showed that the fourth quarter Canadian GDP grew faster than economists forecast. Traders erased an earlier gain after the GDP report showed that the economy expanded by 5% versus...
Read MoreMarch 1, 2010 Better than Expected Canadian GDP Pressures USD CAD The USD CAD fell sharply lower after a report showed that the fourth quarter Canadian GDP grew faster than economists forecast. Traders erased an earlier gain...
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