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

John Tamny of RealClearMarkets President Nixon’s Treasury Secretary John Connally once famously quipped to a gathering of European central bankers that “the dollar may be our currency, but it’s your problem.” Connally got it partially correct. Rather than a problem solely suffered by those o ... Read more

It is not surprising that the Canadian dollar is marching towards parity to the US Dollar. I researched this in 2005 and was quite confident that the US Dollar will need to significantly devalue against major currencies. I did not take into account the market imperfections and government interventio ... Read more

The U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 12:30 GMT. The other main releases that are set to dominate forex trading, especially for currencies such as the Dollar and EUR is the publication of ... Read the fu ... 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

The USD Rebounds The U.S dollar drifted sideways against a basket of currencies on Wednesday, hovering not far from the lowest level of the year, as investors continue to assess the real economy by looking at economic data in the U.S. Nonetheless, the U.S. dollar had found ... Read the full post ... 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

US Stock Market Rallies Witnessing a steady decline during yesterday’s trading sessions, the USD became weakened as traders unwound their Dollar buy positions in exchange for riskier assets, such as stocks. The global stock market rally seen yesterday may have been ... Read the full post ... Read more

GBP/USD - Strong Bullish Signal - July 20th 2009 - 1:30 GMT Here is a chart formation that shows the signal: Record your screencast online ... Read the full post ... Read more