February 26, 2010 U.S. Dollar Set to Turn Lower; Short-covering Drives Euro Higher The Euro rallied on Friday after Bloomberg reported that Germany may buy Greek bonds. Shorts read this as a potential vote of confidence for...
Read MoreSovereign debt issues in Greece and a poor jobs report in the U.S. helped the Dollar finish better against most major currencies. Throughout the day, investors seeking a safe harbor supported the Greenback. Early in the session...
Read MoreFebruary 25, 2010 U.K. Facing Major Economic Problems Sovereign debt issues in Greece and a poor jobs report in the U.S. helped the Dollar finish better against most major currencies. Throughout the day, investors seeking a safe...
Read MoreFebruary 24, 2010 Bernanke Interest Rate Outlook Softens U.S. Dollar The U.S. Dollar regained most of its mid-session loss to finish only slightly worse than Tuesday. Comments from Fed Chairman Bernanke triggered an early...
Read MoreThe U.S. Dollar mounted a strong turnaround on Tuesday following a weaker overnight trade. A surprise drop in consumer confidence in the U.S. and an unexpected fall in German business confidence reversed the Dollar higher...
Read MoreFebruary 23, 2010 Dollar Up, Euro Down; Traders await Bernanke Testimony The U.S. Dollar mounted a strong turnaround on Tuesday following a weaker overnight trade. A surprise drop in consumer confidence in the U.S. and an...
Read MoreThe U.S. Dollar traded mixed in a tight and narrow range. The trade weighted Dollar Index finished slightly lower after confirming last Friday’s closing price reversal top. The lack of major U.S. economic reports on...
Read MoreFebruary 22, 2010 Dollar Finishes Mixed in Lifeless Trade; Bernanke Key to Direction The U.S. Dollar traded mixed in a tight and narrow range. The trade weighted Dollar Index finished slightly lower after confirming last...
Read MoreThe U.S. Dollar Index finished higher on Friday while eking out a small gain for the week, but the trading action during today’s session indicates that it may be overbought. Following a strong overnight surge to the upside...
Read MoreFebruary 19, 2010 EUR USD Posts Reversal Bottom; Short-Covering Rally Likely Next Week The U.S. Dollar Index finished higher on Friday while eking out a small gain for the week, but the trading action during today’s...
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