EUR Stays Low vs. US Dollar on Greece Concern
02/23/10 6:42 AM by Rita RuvinskiThe European currency traded near a 9-month low against the U.S Dollar as speculation that Greece’s fiscal woes will worsen and have reduced demand for the 16-nation currency. The EUR fell on concern that the debt crisis among the Euro-Zone’s ...
GBP/USD May See Downward Correction
01/11/10 12:47 PM by Greg HoldenOn the technical charts, the GBPUSD is one of the first pairs to begin showing signs of a correction to last Friday's sharp upward movement. The chart below is the hourly chart by ForexYard. The indicators used are the Relative ...
Gold Prices Predicted to Fall in 2010
12/29/09 10:13 AM by Greg HoldenYesterday's expected decline in the value of the US Dollar did indeed take place, but not nearly as sharp as some were expecting. A mild drop against the Euro and British Pound occurred during the opening of the American markets ...
The U.S Dollar Slips after Fed Decision
11/4/09 11:22 PM by Rita RuvinskiThe 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.
USD Traders Anticipating Heavy Volatility
11/4/09 9:30 AM by Rita RuvinskiPrior to the heavy news cycle we will see today and Friday, the US Dollar has apparently entered a consolidation trend against most of its currency rivals. Today's news will set the pace for the remainder of the week while ...
