Author: Tina Reyes

The desire for higher yielding assets led traders to buy the EUR USD on Thursday. Positive economic data and signs that the U.S. economy improved helped drive investors out of the safety of the Dollar.Better U.S. economic data...

Following a two-day setback, the U.S. Dollar regained strength as an announcement by Russia to cut its holdings of U.S. Treasuries spooked investors into the safe-haven Dollar.The same announcement helped put in an early top in...

With no major economic data to drive the Forex markets in any particular direction, some investors used today’s Treasury auction and technical factors to drive the U.S. Dollar lower. Others were more sensitive to the rise...

The lack of major economic reports encouraged Forex investors to take a look at the technical factors and a few of the news stories on Monday. Last week the EUR USD, GBP USD, USD CHF, NZD USD, USD CAD and AUD USD all posted...

The right combination of fundamental and technical factors helped the U.S. Dollar surge to multi-week highs against most major currencies on Friday. Fundamentally, the Dollar rally was triggered by a better than expected U.S....

The USD CAD erased about half of yesterday’s gains following the release of the results of the latest Bank of Canada meeting. The BoC as expected left its benchmark interest rate unchanged. At its last meeting it announced...

A combination of technical and fundamental factors helped contribute to a huge rise in the U.S. Dollar against all major Forex pairs on Wednesday. This action sent commodity-linked currencies like the New Zealand Dollar and the...

Talk of creating a new global currency helped weaken the U.S. Dollar on Tuesday. Russia introduced the topic of creating a multi-national currency to take the place of the Dollar as a precaution against growing concerns about...

The U.S. Dollar finished the day mixed as investors took profits after the recent run-up. The Dollar weakened on the initial news regarding the GM bankruptcy filing but appeared to strengthen as analysts began to decipher the...

The U.S. Dollar finished the month of May sharply lower as investors bought higher-yielding currencies betting on a speedy global economic recovery. On Friday the U.S. Dollar was driven lower by a report which showed the U.S....