Dollar Slides Whilst Crude Climbs
November 10, 2009 7:00 am by Dan EduardThe U.S. Dollar slid against its main currency counterparts yesterday. For example, the EUR/USD pair climbed for the second day, as it now approaches the 1.5050 level.
Dollar Trading Dominated by U.S. Factory Orders Data
November 4, 2009 10:44 am by Dan EduardSince yesterday afternoon, USD trading has been dominated mainly by the rebound in U.S. Factory Orders. The market reacted very strongly, as new orders for manufactured goods jumped by 0.9% in September. This is remarkable compared to the 0.8% decline ...
Dollar Strengthens Whilst Crude Oil Declines
August 17, 2009 3:12 pm by Dan EduardPrior to the weekend, the market trend reversed as the Dollar recovered almost all its weekly losses against the EUR. This means that traders who missed out on this trend may now have their last chances to enjoy some of ...
Crude Oil Downward Trend Set to Continue
August 17, 2009 2:57 pm by Dan EduardThe price of Crude Oil has fallen considerably in the past several trading days. This was despite what we saw as a mini recovery for Crude in the previous month. On the one hand, there is some support for Crude, ...
Dollar and Crude Oil Up Front
August 4, 2009 7:49 pm by Dan EduardMonday's trading saw the Dollar fall against nearly all of its major currency pairs. On the other hand, Crude Oil rose to its highest level since the beginning of July. The Dollar slumped vs. the key currencies, including the GBP, EUR ...
$40 a Barrel a Solid Price for Crude Oil
February 9, 2009 8:29 pm by Yan PettersCrude Oil After reaching close to $50 a barrel, crude oil's prices are once again aiming down, and have recently consolidated around $40 a barrel.
