Greenback in currency trading US economic data has crushed estimates and the first news is sending the US dollar higher in forex trading. Indeed, the news that the unemployment rate has fallen to 8.3%, and that the economy added 243,000 jobs in January has boosted demand for the US dollar. The good news out of [...]
Yen higher in forex trading Japanese yen is gaining against the US dollar in forex trading today, heading higher as concerns about the US economy persist. Even though there is some good news coming out of the States, the yen is gaining right now. However, the gains by the yen are making Japanese officials nervous. [...]
Loonie slightly higher in currency trading The Canadian dollar is slightly higher in forex trading, moving a little bit higher on the strength of a weaker US dollar. The loonie is gaining as US dollar sinks under its bad news. Additionally, loonie is being supported by oil prices right now. Oil prices are a little [...]
As markets continue to wait the outcome of the Greek debt restructuring talks, attention yesterday turned to the US FOMC meeting. The euro had lost a little ground in yesterday morning’s trading as concerns that the ECB would have to take losses on its Greek bond holdings outweighed a stronger than expected German Ifo index. [...]
After a failed attempt to break through the $ 1.28 level yesterday, the euro drifted lower in late afternoon trade before regaining some ground overnight. The euro found some support in a better than expected German ZEW index for January, with the survey results coming in well ahead of expectations. This has helped to ease [...]
Greenback in forex trading Greenback is heading lower in forex trading, thanks in large part due to higher commodities. US dollar often moves inversely to commodities, and gold and oil are strengthening today, thanks to concerns about what’s next. Indeed, oil prices are higher on concerns about supply. Iran is threatening the Strait of Hormuz, [...]
FXstreet.com (Barcelona) – Since the third quarter of 2011 the US economy has been printing strong… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Barcelona) – The barrel of the American benchmark for the light crude oil is… For more information, read our latest forex news. FXstreet.com: Latest News
Greenback higher in currency trading US dollar is gaining in forex trading on the currency market, thanks to concerns about what’s next for the European economy, US economy and more. US trade data has been anemic, and the latest debt auction from Italy didn’t go as well as expected. The result is that forex traders [...]
Greenback higher in currency trading US dollar is gaining in forex trading on the currency market, thanks to concerns about what’s next for the European economy, US economy and more. US trade data has been anemic, and the latest debt auction from Italy didn’t go as well as expected. The result is that forex traders [...]
Gold prices slightly higher in commodities trading Normally, gold prices move inversely to the US dollar, but sometimes the two move in tandem if risk aversion is a factor, since both can be considered safe havens. Right now, gold is attempting a rally, moving a little bit higher, toward the $ 1,640 an ounce level. [...]
Gold prices slightly higher in commodities trading Normally, gold prices move inversely to the US dollar, but sometimes the two move in tandem if risk aversion is a factor, since both can be considered safe havens. Right now, gold is attempting a rally, moving a little bit higher, toward the $1,640 an ounce level. With [...]
US dollar forex trading forecast Right now, euro appears to be edging higher in forex trading, moving toward the 1.2800 level. However, euro seems to be capped — unable to get to that point. And this is likely to be a common story this year. Indeed, according to UBS, 2012 is likely to be a [...]
FXstreet.com (Barcelona) – The Australian Dollar looks buoyant against the US Dollar as it hold… For more information, read our latest forex news.
Risk appetite makes an appearance A small amount of risk appetite is sending the US dollar lower today in forex trading. Greenback is lower is currency trading pretty much across the board, dropping as forex traders show some hope regarding the eurozone. Even though the meeting between Sarkozy and Merkel didn’t result in any major [...]
US dollar forex trading forecast The US economy has been showing signs of growth recently, with declining jobs claims, increased holiday sales, better housing data (thanks to pending home sales) and improved consumer sentiment. As a result of this good news, some expect to see a US economic recovery pick up the pace in 2012 [...]
US dollar in forex trading Greenback is lower against commodity currencies today as oil prices pare losses, and as gold prices surge higher. While gold prices still remain below $1,600 an ounce, they are nevertheless on the rise, and ready to rally. The news has commodity currencies like the Australian dollar heading higher. Indeed, the [...]
FXstreet.com (Córdoba) – Greenback jumped in the market in the last hours and accelerated the… For more information, read our latest forex news. FXstreet.com: Latest News
US dollar forex trading forecast The US dollar has had a pretty good bull run in 2011. The dollar has strengthened as worries in the eurozone and concerns about the global economy have prompted an interest in safe haven. Indeed, the greenback is higher today, with the dollar index rising, once again, as stocks drop [...]
FXstreet.com (Córdoba) – The Aussie, the Kiwi and the Loonie ended the week with gains against the… For more information, read our latest forex news. FXstreet.com: Latest News