Dollar Strengthens as Sentiment Shifts Toward Safety

After trading relatively flat in the hours before the New York opening, the U.S. Dollar strengthened as sentiment shifted back toward safety. After trading relatively flat in the hours before the New York opening, the U.S. Dollar strengthened as sentiment […]

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Little Movement in Forex Markets Ahead of Fed Announcement

The U.S. Dollar is trading flat overnight against most major currencies ahead of this afternoon’s Fed FOMC announcement. The U.S. Dollar is trading flat overnight against

Less than Friendly Consumer Confidence Number Helps U.S. Dollar

The U.S. Dollar opened firm this morning against most majors and maintained its strength following a lower than expected consumer confidence number. The U.S. Dollar opened firm this morning

GBP USD Trend Turns Down

The GBP USD took out a swing bottom at 1.6274 and turned the main trend down on the daily chart. The current chart pattern suggests that 1.5982

Surprise Drop in Crude Inventories Fuels EUR USD Rally

An unexpected drop in crude oil inventories send energy prices surging to the upside taking along with it U.S. equity markets and commodity markets while triggering a break

Lower U.S. Consumer Sentiments Boosts Demand for Lower Risk Assets

Demand for the lower yielding Dollar is up at the midsession following a U.S. sentiment report that showed the consumer is still not confident in the economy.

Euro Zone Economic News Pressures Dollar

Today’s report showing better than expected growth in the Euro Zone during the second quarter signaled to traders that the worst may be over triggering a renewal in

Appetite for Risk Returns for Forex Traders.

The U.S. Dollar is trading weaker at the midsession. The U.S. Dollar is trading weaker at the midsession. The sharp rise in the equity markets following

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

Dollar Weakens on Better Sales of Existing Homes Data

The U.S. Dollar is trading lower at the midsession against most major Forex markets following the release of better than expected U.S. Sales of Existing Homes. The