G10 Advancers and Decliners vs USD GBP -0.24 JPY -0.41 EUR -0.90 CHF -1.08 The USD has recouped some of its recent losses today as equity markets failed to sustain the positive momentum of yesterday’s strong rally. EURUSD has sold off markedly from its early visit to 1.49 ... Read t ... Read more

G10 Advancers and Decliners vs USD GBP 0.63 JPY 0.22 EUR 0.15 CHF 0.14 Currency markets have been stuck in relatively tight ranges for most of the day as strong equity market performances across Europe and the US negated slightly disappointing economic data releases. ... Read the full po ... Read more

Seriously, ECB president Jean-Claude Trichet cannot possibly be serious when he says Europe Takes U.S. Strong-Dollar Policy Seriously . European Central Bank President Jean-Claude Trichet said officials in the euro area take seriously the U.S. commitment to prevent the dollar from depreciating too m ... Read more

Once again everyone is hyperventilating over "secret" moves to trade oil in currencies other than the US dollar. Please consider The demise of the dollar by Robert Fisk. In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan ... Read more

In Tuesday’s trading both the EUR and GBP were amongst the biggest gainers, whilst the Yen and Crude Oil were the biggest losers. The EUR rose dramatically against its major currency pairs, mainly due to positive data from both the U.S. and Euro-Zone. The GBP seemed to benef ... Read the full ... Read more

There were more signs that the U.S. economy was improving, as a string of positive data was released yesterday from the U.S. the most significant was the Chicago PMI, which printed higher-than- expected figures in the month of August. This indicator is a primary gauge of manufacturin ... Read th ... Read more

It never ceases to amaze me what hype people will believe. The latest is a series of posts by Jim Sinclair who on August 14, started a countdown to dollar oblivion. Aug 14 2009: The Motivation Behind The Countdown 85 days to go! The primary reason for this “out on the limb statement” is t ... Read more

USD Weakens The USD is set for another volatile action-packed trading day as this weeks’ trading comes to a close. The Dollar saw sharp moves against the EUR, GBP and JPY yesterday. This type of behavior is set to continue today as vital economic news is set to come ... Read the full post ... Read more

Here is lonely Uncle Buck clinging to life above do or die support that has more important implications than the simple short term parameters shown here. The Dollar Collapse Cult (the DCC) is pounding a steady drum beat, the Fed will not even pretend to care about inflation and the commodity and ... Read more