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

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

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

Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and JPY, which are seen as a safer bet than others currencies in times of market stress, will likely keep drawing demand as investors stay away from ... 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