Author: Tina Reyes

The U.S. Dollar traded sharply lower against most majors with the exception of the British Pound and the Japanese Yen.The desire for risk helped boost the Dollar/Yen after a rise in stocks led to a renewal of the carry trade,...

Traders shrugged off stories of heightened sensitivity in Euro Zone bond markets and drove down the Dollar.Early in the session on Monday the Euro was down on reports that the premium investors pay to hold 10-year Irish and...

The U.S. Dollar finished the week sharply higher after posting gains against all the major currencies. The catalyst behind this week’s strength was the action by the Fed to stabilize its balance sheet by shifting assets...

The Greenback closed up against the commodity-linked currencies, extending its winning streak versus the Australian and New Zealand Dollars. Fears of a global economic slowdown fueled by this morning’s unexpected rise in...

The British Pound was down over 1% on Wednesday as worries about a slowdown in the economy forced investors to wonder if the U.K. economic recovery was slowing down.Overnight the Bank of England lowered its forecast for growth...

The Euro made a new high for the week on Friday, driven by disappointing U.S. jobs data. The rally through the former top at 1.3262 resumed the uptrend while forming a new swing bottom at 1.3119 in the process.This morning the...

The U.S. Dollar traded mostly lower versus the major currencies today in light trading as traders curtailed activity ahead of Friday’s U.S. Non-Farm Payrolls Report. The employment report is expected to show a decline of...

The British Pound is trading lower against the Dollar after better-than-expected U.S. economic reports regarding private payrolls and ISM manufacturing. The positive nature of both upbeat reports dampened worries about the U.S....