Fed Under Fire while Gold Surges to New Highs
November 9, 2010 3:35 pm by Natalie R.With growing criticism from home and particularly abroad, the Federal Reserve’s decision to pump additional $600 Billion to the U.S economy remains a center of controversy. The EUR/USD pair has seen fluctuations averaging 100 - 150 pips a day since ...
Aussie Dollar up Sharply on Rate Increase
November 2, 2010 4:35 pm by Russell GlaserThe day prior to the Fed’s announcement that it will begin buying assets thereby increasing the money supply, the US dollar is not surprisingly weaker. Performing well against the greenback have been the Euro and the Aussie dollar.
Can Crude Maintain its New Rally?
November 2, 2010 3:22 pm by Natalie R.Oil prices received a boost yesterday after Saudi Oil Minister Ali Naimi suggested consuming countries are happy with oil between $70 and $90 a barrel, raising the price ceiling by 10$ from the previous range of $70 - $80.
Can we Expect Another Rally for Gold prices?
October 29, 2010 1:08 pm by Natalie R.After reaching a record high of $1,376.70 an ounce on Oct. 14th, Gold prices have been falling steadily ever since, stabilizing around the $1335 level. Can we expect another rally for Gold prices? The answer may come after next week’s ...
Is there Light at the End of the Tunnel for the USD?
October 14, 2010 8:39 pm by Natalie R.During today’s trading, USD/CAD briefly broke parity for the first time since April and the AUD/USD pair is nearing parity. The USD also declined to a record low versus the CHF today, as well as to a new 15 year ...
How Will Today’s FOMC Meeting Affect the USD?
September 21, 2010 4:12 am by Natalie R.With the FOMC meeting minutes expected to be published today at 18:15 GMT, the main question is whether or not the Fed will hold off from further purchasing securities or decide to expand the stimulus further and thus its balance ...
How Will the Federal Reserve’s Next Move Affect the USD?
August 24, 2010 1:24 pm by Natalie R.If at the beginning of the year the Federal Reserve was talking about starting to tighten monetary policy and exit strategies, abundance of negative economic data in recent months has led the Fed to discuss possible future actions to push ...
Dollar Stabilizes before GDP data
November 24, 2009 3:23 pm by Natalie R.The U.S dollar rose Tuesday as a decline in stocks and dimming expectations about the U.S. economic recovery increased demand for U.S currency perceived as safer. Some investors buy the Dollar, seen as a safe haven, against other higher-yielding currencies ...
Bernanke Answers to the Federal Reserve’s Critics
July 31, 2009 5:33 pm by Natalie R.Following an increase in criticism against the Federal Reserve and their actions during the financial crisis, Fed Chairman Ben Bernanke participated in a one-hour town hall-style forum, organized and moderated by Jim Lehrer of “The NewsHour” on PBS, this was ...
Dollar Volatility Calms as Markets Falter
May 12, 2009 9:00 am by Dan EduardThe Dollar experienced a mild trading session in yesterday's trading. The USD experienced a relatively flat day as it steadily rose against all of its major currency pairs, except for the Japanese Yen. There was a quiet day of news ...
