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FOREX VIDEO - London Session Review - October 26, 2009
Here we are on the Monday right after the British Pound dove off a steep cliff. In addition, London’s time changed so that London open does not correspond with the normal London open for US traders, that goes back to normal Sunday when US times change as well. After such a massive move, we...
Dukascopy Afternoon Forex Overview - Oct 2 2009
Previous session overview The euro is retracing immediate losses against the dollar after falling to more than a three-week low early Friday on the release of a disappointing U.S. payrolls report. The common currency declined to USD1.4480. It has since turned higher on the day, although it is...
FOREX-Yen rally as US unemployment rises above 10 pct
NEW YORK, Nov 6 (Reuters) - The yen rise on Friday after a report showed the U.S. unemployment rate spiked to 10.2 percent, fueling worries about the health of the economy and boosting safe-haven demand for the Japanese currency. The government reported U.S. employers cut a deeper-than-expected...
FOREX-Dollar rebounds broadly, euro hit by weak data
NEW YORK, June 12 - The dollar rose on Friday, rebounding from vicious selling earlier this week, while data showing a plunge in euro-zone industrial ... See all stories on this...
We used to sell dollars on bad auctions; now we sell dollars on good auctions
Heads I win, tails you lose. That’s the way things are working for the greenback. News is either dollar bearish or it is supportive of the US economy which increases risk assumption, the reflation trade, yada yada… No helping matters are comments from the Fed’s Lockhart who says...