The dollar’s rally through November has been remarkable; and for the short-term trader, may seem unstoppable. But, without fresh fundamental fodder; EURUSD, GBPUSD and AUDUSD may soon pull out of their respective dives. Read More EURUSD Drops Below 130 but the Dollars Run may be Strained
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Read More Looking to Buy Some Dollars Against the Swiss Franc
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The Australian and New Zealand dollars rose significantly against the other major currencies today as the Chinese stock market demonstrated growth on talks that the government may easy the investment regulations.(…)Read the rest of Australian and N.Z. Dollars Rise on China’s Growth (105 words) Posted on Forex News. Read More Australian and NZ Dollars Rise on Chinas Growth
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The Australian and New Zealand dollars fell as concern the global economy is slowing prompted investors to sell higher-yielding assets. Australia’s currency is headed for its first three-month decline in five quarters. 7 Vote(s) Read More Aussie, Kiwi Dollars Fall on Concern Global Recovery Slowing
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The U.S. dollar went down today after the set of the macroeconomic reports was released, which showed some rather unwelcome data, signaling that the U.S. economy expand at slower pace.(…)Read the rest of Dollar’s Strength Subdued by Bad Macroeconomic Data (109 words) Posted on Forex News. Read More Dollars Strength Subdued by Bad Macroeconomic Data
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The Canadian dollar halted its four-day rally today after the report that the retail sales in the U.S. fell unexpectedly caused concern about the global economy and weakened the currencies tied to growth.(…)Read the rest of Canadian Dollar’s Rally Falters on Low U.S. Retail Sales (94 words) Posted on Forex News. Read More Canadian Dollars Rally Falters on Low US Retail Sales
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The Australian and New Zealand Dollars declined after China reported the highest inflation rate in 19 months, feeding fears that Beijing policymakers will step up efforts to cool the buoyant economy. Read More Australian, New Zealand Dollars Sink as Chinese Inflation Hits 19Month High
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Gold fell on Tuesday and platinum and palladium were particularly hard hit on dollar strength, pulling back from a rally on Monday sparked by fresh economic worries in Europe and a negative session on Wall Street. 5 Vote(s) Read More Gold falls as dollars rise douses rally
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The lingering European debt crisis has prompted investors to reduce positions in their highest-risk and growth-oriented plays, on the theory that European events may result in slower global economic growth. 5 Vote(s) Read More Will Japan PropUp Dollars And Euros Versus The Yen
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The price of crude oil is rising to more than $82 a barrel as it is supported by a weak dollar and from forecasts for growth in energy demand in developing countries. "The dollar affects prices as the oil market is mainly driven by external facto 5 Vote(s) Read More Oil at 82 Dollars Supported [...]
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