FOREX-Dollar rebounds as euro hit by weak data, G8 on tap

Source: www.reuters.com

By Steven C. Johnson NEW YORK, June 12 (Reuters) - The US dollar rose on Friday, rebounding from heavy selling this week, while data showing a plunge in ...

See all stories on this topic


Read more...

  • Shorts cover as AUDUSD pops thru 81c

    The market has been once again surprised with the economic data released showing only 1700 jobs were shed in May. Market has been caught short, with many expecting a bad number. Yesterday commodity buying and a strong consumer confidence number helped AUD higher. Today the Employment figures will...

  • Chinese President in Russia for BRIC meeting

    President Hu Jintao is in Russia for meetings with Brazil, India and Russia. We can expect to see and hear more of the same confirmation that the USD is still the accepted global reserve currency but that some diversification is needed in coming...

  • February 2011 performance review for Danica-9am algorithm

    During February 2011, the second month of the second year of live performance, the system continued on auto-pilot without parameter changes. This document consists of a summary section reporting the figures of merit for the forecasting quality, followed by 14 subsections, dedicated to the...

  • June 15, 2009

    Hello all, More profit taking on our open orders expected this week. We also have a few new trades coming as the pullback has begun. Too soon to know if it is too soon to enter or now, we can only follow what works - our trading plan. 4 Hour: Current Drop In Criteria: EUR/USD buy EUR/JPY...

  • Thursday 2/2 Insider Buying Report: ETFC, LBAI

    Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a...