The EUR USD traded all over the intraday charts while experiencing a choppy two-sided trade throughout today’s session. Volatility and indecision could be the theme this week as traders are unlikely to make up their minds...
Read MoreFebruary 8, 2010 EUR USD Unlikely to Reverse Downtrend until Sovereign Debt Issues are Resolved The EUR USD traded all over the intraday charts while experiencing a choppy two-sided trade throughout today’s session....
Read MoreThe trading week ended with traders still fearing a widening and deepening debt situation in the Euro Region. Optimistic traders are looking for some solution to be reached by either a “pseudo-bailout” by the...
Read MoreFebruary 5, 2010 Pressure Likely to Remain on EUR USD The trading week ended with traders still fearing a widening and deepening debt situation in the Euro Region. Optimistic traders are looking for some solution to be reached...
Read MoreInvestors sold higher risk commodities and stocks and bought lower yielding assets on concerns that the sovereign debt issues in Greece will spread to other economies in the Euro Region. The Dollar finished sharply higher versus...
Read MoreFebruary 4, 2010 Risk Aversion Returns Sending U.S. Dollar Higher Investors sold higher risk commodities and stocks and bought lower yielding assets on concerns that the sovereign debt issues in Greece will spread to other...
Read MoreThe GBP USD spiked to the upside last night on the news that U.K. consumer confidence had risen more than expected, but backed down when U.K. services data failed to meet expectations. These stories provided more evidence that...
Read MoreFebruary 3, 2010 Bank of England May Vote to Extend Quantitative Easing The GBP USD spiked to the upside last night on the news that U.K. consumer confidence had risen more than expected, but backed down when U.K. services data...
Read MoreThe U.S. Dollar finished lower, pressured by increased appetite for risky assets, despite a call from Treasury Secretary Geithner for a stronger currency. Trading remained subdued today ahead of central bank meetings on February...
Read MoreFebruary 2, 2010 Geithner Comment Fails to Boost Dollar The U.S. Dollar finished lower, pressured by increased appetite for risky assets, despite a call from Treasury Secretary Geithner for a stronger currency. Trading remained...
Read More
