The AUD USD finished higher after earlier weakness. This market also posted a daily closing price reversal bottom. This pattern could help trigger a short-covering rally to .9058 over the near-term. Stronger demand for higher...
Read MoreFebruary 1, 2010 Aussie Dollar Surges ahead of RBA Announcement The AUD USD finished higher after earlier weakness. This market also posted a daily closing price reversal bottom. This pattern could help trigger a short-covering...
Read MoreJanuary 29, 2010 Longer-Term Outlook Looks Bright for U.S. Dollar The U.S. Dollar closed out the month of January sharply higher as aggressive buyers helped the Greenback surge to the upside following Friday morning’s...
Read MoreThe Japanese Yen rose on Thursday as investors shifted assets out of the troubled Euro Zone on renewed budget turmoil in Greece. A spike in the cost to insure Greece’s sovereign debt triggered a flight to safety...
Read MoreJanuary 28, 2010 Yen Rallies as Investors Shift Assets from Troubled Euro Zone The Japanese Yen rose on Thursday as investors shifted assets out of the troubled Euro Zone on renewed budget turmoil in Greece. A spike in the cost...
Read MoreThe U.S. Dollar rallied to a new high for the year after the FOMC announcement offered an upbeat assessment of the economy.While just about everyone knew the Fed would keep interest rates unchanged at near 0% for a prolonged...
Read MoreJanuary 27, 2010 FOMC Economic Outlook Boosts Dollar The U.S. Dollar rallied to a new high for the year after the FOMC announcement offered an upbeat assessment of the economy. While just about everyone knew the Fed would keep...
Read MoreThe U.S. Dollar managed to hold on to its overnight gains despite a lackluster trading session. Following a couple of overnight events and intra-day economic reports, the Dollar remained range-bound as many large traders stood...
Read MoreJanuary 26, 2010 Dollar Moves Higher in Lackluster Action; Traders await Fed Policy Announcement The U.S. Dollar managed to hold on to its overnight gains despite a lackluster trading session. Following a couple of overnight...
Read MoreThe U.S. Dollar eased a bit on Monday against most major currencies as investor sentiment shifted back toward putting “risk on.” News today centered on Greece’s effort to shore up its finances by offering...
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