Author: Tina Reyes

The Euro traded in a tight range on Monday despite overnight news which should’ve added a little volatility to the market. Today’s lackluster performance may have been caused by low volume as many traders may have...

The Euro surged to the upside shortly Friday after the New York opening and before the release of U.S. economic data, briefly piercing the 1.30 level for the first time since early May.The last thrust to the upside in the Euro...

The U.S. Dollar was crushed on Thursday by a soaring Euro and British Pound. Economic worries pressured the Dollar all day as investors left the greenback in favor of the currencies backed by the stronger economies. The fact...

It looks as if U.S. Dollar bears have a decision to make after the Fed Minutes painted a gloomy picture of the economy. Either the Dollar will decline because of the Fed’s outlook or the Dollar will rally because of...

The U.S. Dollar is plunging into the close driven sharply lower this late in the session by the news that semiconductor chip maker Intel blew out quarterly revenue and profit guesses in its second-quarter results. Investor...

Lower Asian and European equity markets overnight triggered a break in the Euro early in the session, but stable U.S. stock markets helped to hold it in a range for most of the New York session.Without any major economic reports...

The U.S. Dollar traded mixed against most major currencies with the exception of the Canadian Dollar and New Zealand Dollar. Traders seemed to shy away from riskier currencies throughout the day despite a stronger equity market....

The Euro rallied early, traded in a range, then made a move to the upside in a lifeless trade on Thursday. Volume appeared to drop off throughout the day following the European Central Bank’s policy statement announcement...

After overnight weakness due to concerns over the slowing global economy and the upcoming European bank stress tests, the Euro and British Pound mounted a strong recovery rally and finished the day modestly higher.On Thursday...

The U.S. Dollar hit a six-week low against the Euro driven by greater demand for risky assets and a hawkish comment from the Reserve Bank of Australia. A mid-morning report showing that the U.S. Services Sector slowed last month...