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 punished the Euro and the commodity linked-currencies while seeking shelter in the […]

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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

Strong Risk Demand Driving Down USD CAD

A sharp rise in U.S. equity markets and crude oilis pressuring the USD CAD this morning. Yesterday’s close below the old top at1.0738 was the first clue that