Author: Tina Reyes

The U.S. Non-Farm Payroll Report came out worse than expected.  Traders were looking for a loss of between 175,000 and 225,000 jobs.  The actual number showed a loss of 263,000 jobs.  The biggest job losses...

The U.S. Dollar closed lower against most major currencies on Wednesday.  The bearish tone was set during the overnight trading session following the release of a report from the International Monetary Fund that showed a...

The U.S. Dollar finished higher on Tuesday against most majors as traders once again curtailed demand for higher risk assets because of a weaker than expected U.S. Consumer Confidence Report and another break in the equity...

A rally in U.S. equity markets fueled by oversold conditions and a surge in M&A activity helped trigger an intraday break in the Dollar early in the trading session.  Late in the session the Dollar picked up some...

The U.S. Dollar overcame early weakness to post a weekly closing price reversal bottom.  This move doesn’t turn the trend to up, but is a strong indication that the Dollar will rally for 2 to 3 weeks.  A...

The U.S. Dollar posted a strong gain today and is now in a position to close higher for the week.  A weekly closing price reversal could indicate the start of a 3 to 4 week rally. Investors are not too happy with the...

The Fed FOMC left interest rates at near historically low levels while deciding it was too early to pull out of is current stimulus plans.  The Fed also said the economy was improving especially in the housing and financial...

The U.S. Dollar plunged to a new low for the year as global investors aggressively bought higher risk assets such as equities and commodities.  The fact that this buying took place one day ahead of the Fed’s FOMC...

The U.S. Dollar finished up for the day in a move which began on Friday.  At that time investors began to pare positions ahead of this week’s FOMC and G-20 meetings.  Traders are lightening up their short Dollar...

The U.S. Dollar finished the week with a strong rally as traders reduced their exposure to higher-yielding assets.  Global financial system worries encouraged traders to pare positions.  Additional selling pressure...