The dollar remained mostly firm in Asia trading, led by the ongoing weakness in JPY with USD/JPY well bid and attempting to take out option strikes at…
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Student’s Question: The pair looks to me as if it is trending between the upper and lower horizontal lines – for the time being. The last significant low…
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The U.K. Treasury is expected to announce details of its bank rescue scheme, announced last month, including details on the government’s asset protection…
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The USD continues to be one of the stronger currencies today with the NZD continuing to be one of the weaker. That means we should look for selling opportunities…
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Current Yesterday USD 0.27000 0.26625 GBP 0.97875 0.98125 EUR 1.18250 1.19125 JPY 0.17213 0.17238 CHF 0.18333 0.13000 AUD 3.48750 3.46250 CAD 0.91167 0.93667 NZD 3.51250 3.48750
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U.S. durable goods orders are forecasted to have fallen by another 2.5% in January after the 3.0% decline the month prior. The deepening recession has…
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The Conference Board’s Australian Leading Index dropped -0.9% in December, the fourth consecutive month in negative territory. The index has fallen 2.3%…
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The US dollar is currently the safe haven of choice for global traders; but can it also be the market’s favored speculative currency when activity begins…
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