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Author: Tina Reyes

Dollar Closes Weaker in Choppy Trade

Today’s trading in the Forex markets featured choppy, two-sided trading.  Early in the New York session the Dollar strengthened as a pair of bearish U.S. economic reports sent the Dollar higher and the stock market...

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Labored Rally in GBP USD May Be Sign of Top

A late session rally in U.S. equity markets led to mixed closes in the Forex market.  Despite several efforts to break the stock market during the trading session, demand for higher risk assets prevailed by the end of the...

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USD CAD Showing Signs of Bottom

Strong gains in crude oil and U.S. equities helped weaken the USD CAD on Thursday. Despite a new high for the year in the equity markets, the rally in the Canadian Dollar was not impressive. The Canadian Dollar looks tired and...

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