USD/CHF May Attempt Second Breach of 0.9600 Today
December 24, 2010 10:00 am by Greg HoldenThe Swiss franc’s bullish run against most of its currency counterparts may begin to see corrective movement as the year comes to an end.
USD/CAD Awaits Wholesale Sales with Bearish Sentiment
December 20, 2010 2:30 pm by Greg HoldenAhead of the Canadian monthly wholesale sales report (13:30 GMT), it appears the USD/CAD is building towards a decision point.
Forex News: USD Rising on Positive Growth Forecasts?
August 13, 2010 4:28 am by Greg HoldenThe U.S. dollar has been rising for the past four days against most of its currency counterparts following statements by the Fed that measures will be taken to counter recent weakness. Market data has perked up slightly as a result ...
Silver’s Silver Lining: Buying on the Bounce
July 22, 2010 12:50 pm by Greg HoldenThe summer of weak price movements for precious metals is now fully underway and investors are watching as the price of gold and silver are trading sideways. This price action has a long history. For one reason or another, the ...
US Unemployment Claims on Tap Today
February 11, 2010 11:15 am by Dan EduardA fairly slow news day today will likely be punctuated by a few market events likely to create volatility. Traders will want to pay attention to the weekly U.S. unemployment claims figures and the Canadian New Housing Price Index, ...
British Official Bank Rate Announcement Expected Today!
December 10, 2009 11:48 am by Dan EduardToday's leading news events: 08:30 GMT Swiss National Bank (SNB) Monetary Policy Assessment - Primary tool used by the Swiss National Bank (SNB) to communicate to its investors about any future monetary policy changes. Interest rate changes and Swiss economic outlook are ...
USD and Crude Oil Lower on Bernanke Statements
December 8, 2009 10:22 am by Russell GlaserThe US Dollar fell today after Federal Reserve Chairman Ben Bernanke gave comments concerning the slow recovery of the U.S. economy which may keep inflation low. This hints towards a continued Fed policy of lower interest rates for the foreseeable ...
The U.S Dollar Slips after Fed Decision
November 4, 2009 11:22 pm by Natalie R.The USD lost some ground against major counterparts Wednesday after the Federal Reserve left Interest Rates unchanged and made only slight changes to its monetary statement. The greenback slid 0.9% to $1.4860 per EUR from $1.4724 yesterday.