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Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Fx Research € The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4110 level...
Why the US economy that exits the recession may not resemble the one that went in
One of the new variables the market has had to contend with is that the US economy went into a cyclical downturn in one form and hopes to emerge in quite different fashion. Whether or not you agree with the politics of the transformation, the changes are substantial and come with a price tag to...
FOREX VIDEO - New York Session Review - October 19, 2009
After a brief recovery during the early portion of today’s Asian session, the U.S. dollar was subject to selling pressure from London open to London close. A long trade on the EUR/USD currency pair yielded between 40 to 60 pips [depending on exit strategy] during the New York session. Curt...
Irish PM survives confidence vote
First Gordon Brown survived the worst week of his political life and now the PM of the struggling Republic of Ireland has survived a confidence vote. With Ireland in financial disarray, wide politicians will wait on the sidelines rather than trying to catch a falling knife. EUR/USD is consolidating...
WORLD FOREX: Dollar Mixed Ahead Of Payrolls, Pound Suffers
By Gary Stride Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The dollar is mixed in light trade Friday with most players keeping to the sidelines ahead of the ... See all stories on this...