Euro Tumbles after Spain Downgrade

After a higher New Yorkopening the Euro reversed its course after the S&P Corp. downgraded Spain to AAstatus. Although the Euro reached a new low for the year, the selling pressurewas not as intense as Tuesday’s. This could be because […]

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Dollar Being Moved at Midsession by Different Fundamentals

The U.S. Dollar is trading mixed at the midsession after the release of U.S. productivity and inventory reports. The U.S. Dollar is trading mixed at the midsession after the

Demand for Higher Risk Assets Continues as Reports Offer No Bearish Surprises

Traders have been hitting the U.S. Dollar hard in most of the majors at the New York mid-session as reports released earlier this morning offered no bearish surprises.