Forex news
Markets Produce Inconsistent Day 03-09-2009
The USD languished most of Wednesday trading slightly to the weaker side of the major currencies. This occurred as the equity markets moved inconsistently in a rather mixed day with lackluster results. Both the Dow Jones and Sandamp;P continued to show rather poor volume. The ADP Non Farm Employment Change number was released and turned in a [...]
Dollar Again Finds Takers 02-09-2009
USD: The USD gained against the EUR and GBP on Tuesday as the U.S. stock markets began to take it on the chin as the day progressed. Wide losses coming on Wall Street appeared to have thrown a familiar 'ring' of risk aversion into the currency markets internationally. This occurred even as the ISM Manufacturing PMI report produced a better [...]
Data Will Continue To Build 01-09-2009
USD: The USD struggled to find any footing on Monday as it lost ground to most of the major currencies. The U.S. equity market turned in another lackluster performance on Wall Street. However the Chicago PMI data produced a solid reading of 50.0 beating expectations. Today the ISM Manufacturing PMI report is on schedule and an outcome of [...]
Chicago PMI Data Awaits 31-08-2009
The USD managed to maintain its consolidated ranges headed into the weekend against most of the major currencies, the lone exception being the JPY which gained against the greenback. The past couple of weeks have seen range trading take place as volume decreased significantly due to the summer holidays for a large number of investors, which [...]
Wall Street Goes Bearish in its Opening, later Recovered and influenced strongly the U.S. dollar 28-08-2009
USD: During Thursday
After Bernanke's Nomination Second Mandate Wall Street Goes Bullish 26-08-2009
The U.S. dollar after its last gains, once again, lost ground against the Euro and the Japanese Yen. Yesterday, the U.S. stock market went bullish, mainly, because Consumer Confidence figures and the data coming from the U.S. Housing Market, generated optimism regarding the U.S. economy. During yesterday's trading session, Crude Oil Value [...]
Wall Street is Showing Signs of Reverse and Investors Await Consumer Confidence Numbers 25-08-2009
The U.S. dollar advanced against the major currencies through yesterday's trading session, when stock markets worldwide started to show signs of retreat. The U.S. stock market finished yesterday
Bernanke´s Address and the Economic Data Generated Optimism 24-08-2009
Last trading week the U.S. dollar went bearish. During Friday's trading session, the U.S. dollar lost ground against the Euro and major currencies, as stocks markets around the world became bullish. Wall Street reached its highest numbers since last November. The Dow Jones, the main index in NY went up 1.67%, and finished in an uptrend for [...]
Chinese Stock Market Boosts Main Markets and U.S. Dollar Went Bearish 21-08-2009
USD: During yesterday's trading session, the U.S. dollar lost ground against the Euro and major currencies, as stocks markets around the world went bullish. The main markets worldwide went bullish after the Chinese Sock Market recovered, making its best mark since March, which happened after a day when China's stock market collapsed with [...]
