Euro Holds Steady to Better after Trichet’s Positive Spin

The U.S. Dollar istrading mostly lower versus the major currencies today in light trading astraders curtail activity ahead of Friday’s U.S. Non-Farm Payrolls Report. Theemployment report is expected to show a decline of 65,000 to 90,000 jobs,pushing up the unemployment […]

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U.S. Dollar Weaker as Fed Mulls Quantitative Easing

The U.S. Dollar is under pressure againstmost majors on speculation the Fed will consider restarting its quantitativeeasing program following next week’s FOMC meeting on August 10. The U.S. Dollar

U.S. Dollar Weaker as Fed Mulls Quantitative Easing

The U.S. Dollar is under pressure againstmost majors on speculation the Fed will consider restarting its quantitativeeasing program following next week’s FOMC meeting on August 10. The U.S. Dollar

U.S. Dollar Deepens Losses

The U.S. Dollar remains under pressure atthe mid-session following overnight news regarding a strengthening globaleconomy and weaker U.S.business conditions in July. The U.S. Dollar remains under pressure atthe

U.S. Dollar Strengthens after Bearish Durable Goods Report

The U.S. Dollarstrengthened following the release of a poor durable goods report. Economistswere looking for a 1.0% increase; the actual change was reported as -1.0%.Investors did an about

U.S. Dollar Strengthens after Bearish Durable Goods Report

The U.S. Dollarstrengthened following the release of a poor durable goods report. Economistswere looking for a 1.0% increase; the actual change was reported as -1.0%.Investors did an about

Euro Weakens as Drop in Consumer Confidence Drives Investors to Dollar

After piercing a minor .618 retracementlevel this morning, selling pressure hit the Euro after U.S. ConsumerConfidence fell more than analysts had estimated. The report pressured equitiesand drove down

Stress Test Jitters Send Euro Plunging

The Euro was up in early session trading ina continuation of Thursday’s strong rally before jitters about today’s stresstests triggered a profit-taking correction. From an early session high

Strong Industrial Data Drives Euro Higher

The U.S. Dollar istrading lower across the board as trader demand for risky assets soaredfollowing the news out of Europe. The U.S. Dollar is trading lower across theboard as

Pound, Euro Flip-flop after Weak Hungarian Auction

The British Pound is rebounding against theEuro at the mid-session after Hungary’ssmaller-than-expected debt auction renewed sovereign debt concerns in the EuroZone. The British Pound is rebounding against theEuro at