Author: Tina Reyes

The lack of fresh economic reports today gave traders no choice but to look at the trend and resume selling pressure on the U.S. Dollar.  The U.S. Dollar resumed its downtrend from the opening of the New York trading...

After a sharp sell-off earlier in the week, which took a basket of currencies to a 14-month high versus the Dollar, the greenback managed to post a small gain.  The strong comeback in the Dollar was helped on Friday by an...

The U.S. Dollar finished higher against a select few of currency markets in a trading session that was highlighted by volatility and trading surprises.  The EUR USD managed to close higher after several intraday attempts to...

Demand for higher risk assets supported a rally today in the EUR USD.  Look for this trend to continue as long as U.S. interest rates remain relatively low compared to the Euro Zone’s rates.  Traders are also...

It was a volatile week for the U.S. Dollar. However, a strong comeback on Friday allowed the Dollar to finish lower for the week, but well off of its lowest level.  The U.S. Dollar was down on Monday against a basket of...

The U.S. Dollar finished sharply lower.  The Dollar has closed down four out of the last five sessions. The strong rally in equity markets today drove up demand for higher yields as investors have become more optimistic...

The U.S. Dollar tried to mount a rally throughout the day, but failed at the close and ended up mixed for the day against most major currencies.The EUR USD finished lower but off its lows.  A late session stock market rally...

The U.S. Dollar closed lower against a basket of currencies as appetite for risk drove traders away from the lower yielding Dollar into the higher risk currencies.  The strong trend against the Dollar was set overnight when...