The EUR USD posted a strong gain on Thursday after Spain announced that it had sold out $4.3 billion of five-year bonds. The news is evidence that appetite for government debt is still strong and that perhaps the fear of holding...
Read MoreThe EUR USD rallied sharply higher on Wednesday after the European Central Bank reported that demand for three-month loans by member banks was weaker than expected. This news came as relief for traders who were looking for...
Read MoreThe direction of the U.S. Dollar on Wednesday will be determined by the ADP Employment Report. This conclusion is being supported by both fundamental and technical factors.Fundamentally, a weaker than expected report will send...
Read MoreThe U.S. Dollar is trading sharply higher against most major currencies as investors shed risk, encouraged by the news that China’s Leading Economic Index missed pre-report guesses, signaling that growth in the country is...
Read MoreThe Euro rallied late in the trading session after an early session setback. Advances by U.S. stocks and commodities triggered a surge in demand for riskier assets.The EUR USD started the week strong but overbought...
Read MoreThe EUR USD rallied on Thursday as economic woes continued to pressure the U.S. Dollar. Weakness in the stock market triggered by a so-so weekly jobless claims report and only a slightly better than expected durable goods report...
Read MoreThe U.S. Dollar traded down against all major currencies, driven lower by increased demand for higher risk assets. Risk appetite was strong this morning following the news that last night’s Spanish Bond auction overnight...
Read MoreJune 17, 2010 Euro Rallies after Spanish Bond Auction Eases Investor Concerns The U.S. Dollar traded down against all major currencies, driven lower by increased demand for higher risk assets. Risk appetite was strong this...
Read MoreThe U.S. Dollar edged slightly higher against most major currencies on Wednesday as investors pared positions in higher risk currencies on economic worries and Spain concerns.Overnight it was reported that the International...
Read MoreJune 16, 2010 Dollar Edges Higher; Investors Renew Euro Zone Debt Fears The U.S. Dollar edged slightly higher against most major currencies on Wednesday as investors pared positions in higher risk currencies on economic worries...
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