Forex news

The USD heads into Monday’s trading showing that he has been able to keep its rather strong pace going against the EUR and GBP.  The markets will be extremely thin today because many nations continue to have official holidays including the U.K., Australia, and Canada. Volume will be light all week long and traders who do decide to [...]

USD Thin holiday trading has taken over the broad markets as more investors head for the doors for the Christmas holiday. Today and tomorrow will be the last days of trading this week and it should be noted that most of the crowd will likely leave early tomorrow if given a chance. The USD range traded against nearly all the majors and [...]

Tight ranges took over the broad markets on Monday as volumes decreased dramatically as investors started to disappear because of the ensuing holiday season. The USD found a consolidated range against nearly all the majors on a lack of economic data and vacant offices. Wall Street traded sideways also yesterday. The EUR continues to hover [...]

Holiday trading is now upon us and the broad markets have started to turn in sideways action. On Friday the USD continued to hold its pace and sustain some strength against the EUR and GBP. The global bourses traded in a lackluster fashion and were not able to turn in convincing results. Volume will continue to drop in the next few days [...]

The broad markets were swept with rather risk adverse trading on Wednesday as the USD picked up ground versus the EUR, GBP, and JPY. The USD gained as Wall Street had a slightly negative day and other global bourses declined. The trading was brisk, but it is wise to remember that we are now entering the last days of full volume before [...]

USD A rollercoaster ride was in store for traders on Tuesday as the USD started off weak, but finished the late sessions showing an ability to fight back. In essence traders got a chance to witness large range trade the past two days. The Federal Reserve surprised no one yesterday when they basically wrote that they remain concerned [...]

USD Friday’s trading proved a day of stability for the USD against the EUR as it held onto its gains for the week in face of cautious markets. The U.S. released a better than expected Consumer Sentiment reading via the University of Michigan and their Preliminary report. The mark of 74.2 beat the expectation of 72.4. However it must be [...]

Thursday’s trading continued to mirror the fact that most investors remain quite cautious within the broad markets. The currencies largely turned in a day of consolidated trading, global bourses hovered around known values, and commodities were lackluster. The surge in stability the past couple of days has given traders an opportunity [...]

USD Economic data remained light on Wednesday and the currencies traded in range most of the day as investors continued to fret over the rather perplexing shadows being cast from the United States and Europe. The USD and EUR like most of the major currencies found themselves locked in a consolidated pattern and essentially sets up the [...]

The USD and EUR continued to offer a complex mix on Tuesday as the greenback gained against the Single Currency. Nervous sentiment has not abated regarding either currency as a great wave of debate has ensued about which currency has the weakest structural deficiencies. The USD finds itself near the stronger part of its range against the [...]