U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion
The U.S. Dollar finished the first full session back fromthe holiday week-end by posting gains against most major currencies. Riskaversion was the theme today as traders punished the Euro and the commoditylinked-currencies while seeking shelter in the Japanese Yen and […]
U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion
The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders
British Pound Soars on Speculation
The GBP USD soared 1 percent Tuesday morning boosted byspeculation that U.K.insurer Prudential may withdraw its takeover bid of AIA. The GBP USD soared 1 percent Tuesday morning boosted
U.S. Dollar Rising amid Euro Zone Uncertainty
The U.S. Dollar is trading higher this morning asuncertainty in the Euro Zone is driving investors into the safety of theGreenback. The U.S. Dollar is trading higher this morning
U.S. Dollar Wavering in Thin Holiday Trade
The U.S. Dollar is trading higher at the mid-session afterwavering for most of the morning. Thin holiday trading is the reason behindinvestor indecision today. Thursday’s action was most
U.S. Dollar Trading Mixed; Euro Settling into Range
The U.S. Dollar is trading mixed against most majorcurrencies ahead of the U.S.three-day week-end. The Dollar was under pressure early in the session afterthe Euro and British Pound
U.S. Dollar could be Forming Major Top
The U.S. Dollar traded sharply lower on Thursday, giving thefirst indication in weeks that the event driven rally may be coming to an end.Pressure was on the Dollar
Dollar Down on Increased Demand for Risky Assets
Increased demand for higher risk assets is helping to drivedown the U.S. Dollar index at the mid-session. The Dollar is trading loweragainst most major currencies with the exception
Easing Tensions helping to Support Euro
The EUR USD is trading higher this morning, but stillstruggling with a Fibonacci retracement level at 1.2345. Regaining this pricewill be the key to igniting a surge to
U.S. Dollar Index Holding on to Gains
The U.S. Dollar Index is holding on to most of its earliergains. The falling Euro is contributing the most to the Dollar’s rise whilelosing ground to the British