Commodities guru Jim Rogers says that he has “massive short positions” on the Euro, and that he’s not buying equities after the big recent global run-up in stock prices. Rogers also tells Bloomberg that he thinks it would be good for both Greece and the Euro if Greece went bankrupt. (Video) ... Read more

G10 Advancers and Decliners vs USD JPY 0.36 CHF 0.02 EUR -0.01 GBP -0.62 FX markets have struggled to find a convincing direction today as global equities have been mixed on the day and Dubai fears have gradually receded into the background. Added to the lack of drivers, the ... Read t ... 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

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

The U.S dollar came slightly off highs against major counterparts on Monday, after a report that showed improved manufacturing conditions in the New York region in August. The Dollar earlier received a boost as commodities sold off following a sharp drop in Chinese equities overnight ... 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

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

The USD witnessed a steady depreciation against most of its major currency counterparts during the morning trading session. The Dollar is currently trading lower against the GBP by nearly 90 pips at 1.6570. It is also trading lower against the EUR and JPY, as investors remain wary of ... Read th ... Read more

The USD is likely to go volatile during and following the ISM Manufacturing PMI release today at 14:00 GMT. Meanwhile, forex traders are advised to take positions on trades, as a string of data releases coming out of Japan and Britain are likely to affect the greenback’s main ... Read the full ... Read more