The U.S. Dollar erased earlier losses after the Federal Reserve released its monetary policy statement. The Dollar turned higher after trading most of the day lower after the Federal Open Market Committee offered more...
Read MoreWelcome to Jay Norris’ Forex Trend Maps, a recap of the Forex Markets daily, posted after 4:30 PM (CST). For more information, please contact Jay at 1-800-971-2154 or at 312-896-3986. Click on the link below to view...
Read MoreDecember 16, 2009 Fed’s Statement Fails to Fuel Dollar Rally The U.S. Dollar erased earlier losses after the Federal Reserve released its monetary policy statement. The Dollar turned higher after trading most of the day...
Read MoreThe U.S. Dollar traded higher all day as speculators increased bets that the Fed would issue a more hawkish monetary policy statement tomorrow. Last night the main trend turned up on the weekly chart leading to a firm opening...
Read MoreDecember 15, 2009 Dollar Traders Betting on Hawkish News from the Fed The U.S. Dollar traded higher all day as speculators increased bets that the Fed would issue a more hawkish monetary policy statement tomorrow. Last night the...
Read MoreThe U.S. Dollar finished lower today against a basket of trade weighted currencies. The Greenback was under pressure all day and never quite recovered following an overnight announcement that Dubai received $10 billion in...
Read MoreDecember 14, 2009 Dollar Falls after Abu Dhabi Aids Dubai The U.S. Dollar finished lower today against a basket of trade weighted currencies. The Greenback was under pressure all day and never quite recovered following an...
Read MoreDollar bulls who wanted to see growth in the labor market and an increase in consumer spending received the latter in the form of a better than expected retail sales report and a jump in consumer sentiment on Friday. The bullish...
Read MoreDecember 11, 2009 Dollar Bulls Get Their Wish Dollar bulls who wanted to see growth in the labor market and an increase in consumer spending received the latter in the form of a better than expected retail sales report and a...
Read MoreStronger global equity markets contributed to the weakness in the Dollar early in the trading session as traders once again increased demand for more risky assets after reassessing U.S. economic data and the odds of an interest...
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