U.S. Dollar Rallies; Boosted by Risk Aversion, Weak U.S. Employment Outlook
The U.S. Dollar Index made a new high for the year, boostedby the sharp sell-offs in the Euro, British Pound and the commodity-linkedcurrencies. Gains were limited slightly by the rise in the lower-yieldingJapanese Yen. The U.S. Dollar Index made a […]
Euro Drops to 4-year Low ahead of U.S. Jobs Data
After holding steady for a few days, the Euro plungedthrough the recent bottom to post a 4-year low. This morning’s move came as asurprise to many traders who
Euro Lower as Investors Debate U.S. Labor Outlook
Thin trading conditions ahead of the U.S. Non-Farm PayrollsReport on Friday and less than stellar economic news from the Euro Zone helpedto weaken the Euro on Thursday. The
Euro Weakness Suppresses Risk Appetite
Thin trading conditions ahead of the U.S. Non-Farm PayrollsReport on Friday and less than stellar economic news from the Euro Zone ishelping to weaken the Euro at the
U.S. Dollar weakens as Investors put Risk Back on the Table
The U.S. Dollar finished the day down against most majorcurrencies with the exception of the Japanese Yen. Low volume ahead of Friday’sU.S. Employment report may have contributed to
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
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 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
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