FX Highlights USD is trading lower pressured by a rally in crude oil above $71 a barrel improving risk sentiment as equity markets rise and report that Russia.
Forex News - http://forex.pagemyx.com/
Source: forex.pagemyx.com
FX Highlights USD is trading lower pressured by a rally in crude oil above $71 a barrel improving risk sentiment as equity markets rise and report that Russia.
Forex News - http://forex.pagemyx.com/
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John Hutton is now the fourth member of the UK cabinet to resign this week, but instead of knifing Prime Minister Gordon Brown in the back, he’s declared that the move was purely for “family reasons” Elsewhere, early results in the European election are showing, as expected, a...
Stocks are surging, oil is above $70, gold is back above $980 and the dollar is falling versus the majors except the yen. The global reflation trade is trumping good US-specific news in terms of the dollar. EUR/USD has reached 1.4265 thus far and USD/JPY 97.52. We are well above the 200-day average...
Previous session overview The euro weakened Friday morning against the dollar after worse-than-expected U.S. durable goods data threw cold water on a possible risk rally. In another sign of a pause in economic recovery, durable goods dropped 2.4% in August to USD164.44 billion. Economists had...
By Michael Trinkle, ForexTraders Today stocks are having another bearish session, as oil and gold remain buoyed by Middle East issues. Well focus on the region once again. In comments yesterday, meanwhile, Ben Bernanke adhered to his regular line that commodity price fluctuations are temporary in...