Author: Tina Reyes

The U.S. Dollar was under pressure against most majors on Tuesday on speculation the Fed will consider renewing its quantitative easing program following next week’s FOMC meeting on August 10. Another round of weak...

The U.S. Dollar suffered huge losses against most major currencies following overnight news regarding a strengthening global economy and weaker U.S. business conditions in July.  Fed Chairman Bernanke added to the...

The U.S. Dollar traded mostly higher against most major currencies overnight Thursday into Friday, but gave up some of its earlier gains early in the New York session, turning negative against the British Pound, Australian...

The Euro surged to 1.3105 for the first time since May shortly after U.S. equity markets opened, but was unable to hold this level as stocks corrected sharply during the trading session. The subsequent break triggered volatile...

After piercing a minor .618 retracement level Tuesday morning, selling pressure hit the Euro after U.S. Consumer Confidence fell more than analysts had estimated. The report pressured equities and drove down demand for higher...

Despite questions about how the European bank stress tests were conducted, investors seemed satisfied enough with the results early Monday morning to underpin the Euro while waiting for fresh news regarding the U.S. housing...

The U.S Dollar Index had a roller-coaster ride this week although it managed to finish only slightly lower. Based on the November 2009 to June 2010 trading range of 75.03 to 89.22, this market is now testing a major 50% level at...

The U.S. Dollar fell sharply across the board on Thursday as trader demand for risky assets soared following a bullish economic report out of Europe last night. The release of a better-than-expected Euro Zone industrial report...

The U.S. Dollar is trading lower across the board as trader demand for risky assets soared following the news out of Europe. The release of the bullish industrial report combined with Bernanke’s dovish tone sends a signal...

The Australian Dollar rebounded on Tuesday following a three-day setback boosted by stronger U.S. equity markets and increased demand for currency-linked commodities. Speculation mounted that the central bank would raise...