US Dollar Loses Traction following Mixed NFP Report
The US dollar eased off monthly highs on Thursday following a mixed nonfarm payrolls report and a bigger than expected drop in factory orders.
The...
US Dollar Rallies on Strong Data
The US dollar advanced against a basket of world currencies on Wednesday, as stronger than forecast economic data supported expectations for a solid economic...
EUR/USD Rebounds 200 Pips as Greece Debt Crisis Intensifies
The EUR/USD rebounded sharply from intraday lows on Monday, as disappointing economic data and a deepening debt crisis in Greece kept the currency markets...
EUR/USD Holds 1.12 as Greece Defaults on Loan
The EUR/USD edged lower on Tuesday but maintained the 1.12 level, as last minute negotiations between Greece and international creditors began after Greek finance...
Currency Markets Steady amid Final Push for Greece Debt Deal
The currency markets were little changed on Friday, as Greece and its international creditors sought common ground for reaching a new debt agreement just...
US Dollar Little Changed as Greece Debt Optimism Fades
The US dollar was little changed on Thursday despite upbeat economic data, as negotiations between Greece and its Eurozone partners stalled just five days...
Dollar Rally Cut Short as Grexit Fears Intensify
The US dollar was back on the defensive on Wednesday, as Greece lashed out against creditors for rejecting its latest reforms, signalling that a...
EUR/USD Declines Sharply as Greek Bailout Talks Intensify
The EUR/USD declined for a second consecutive day on Tuesday, as European stocks continued to surge amid growing optimism that Greece will come to...
USD/JPY Edges Lower as BOJ Maintains Upbeat View of Economy
The USD/JPY pared gains on Friday after climbing above 1.2300 in intraday trade, as the Bank of Japan maintained its massive stimulus program and...
Markets Await Greek Breakthrough at EU Ministerial Meetings
European stocks soared on Monday, while the euro was relatively unchanged, as investors turned their attention to the European Union ministerial meetings concerning Greece’s...
Post-FOMC Selloff Continues for US Dollar
The US dollar declined for a second consecutive day on Thursday as mixed economic data failed to support a bigger rally following the Federal...
Hawkish BOE Extends Rally for GBP/USD
The GBP/USD pushed through 1.5700 on Wednesday, extending its rally to four days after a hawkish Bank of England expressed greater confidence in the...
GBP/USD Gains 1.56
The GBP/USD climbed for a fourth consecutive day on Tuesday, retracing brief intraday losses stemming from mixed inflation data.
The GBP/USD was trading near daily...
EUR/USD Steady as Greece Crisis Intensifies
The EUR/USD little changed on Monday, while European stocks plunged amid fears that Greece was approaching a financial disaster after the government of Alexis...
Dollar Rallies on Retail Sales
The US dollar rallied for the first time this week, climbing against a basket of currencies following an upbeat retail sales report showing improving...
EUR/USD Slips as Greek Bailout Talks Continue to Stall
The EUR/USD was under pressure on Friday, falling to the mid-1.11 region after the International Monetary Fund walked out of debt negotiations with Greece,...
GBP/USD Sees Upside Following Mixed Factory Data
The GBP/USD rallied for a third consecutive day on Wednesday amid broad weakness for the US dollar and mixed UK factory data.
The GBP/USD...
GBP/USD Rally Stops Short at 1.53
The GBP/USD was reversing early-week gains on Tuesday, falling below the 1.5300 handle despite stronger than expected British trade figures.
The GBP/USD tumbled to an...
EUR/USD Rallies 100 Pips
The EUR/USD rebounded sharply at the start of the week, gaining more than 100 pips following upbeat German data and bearish comments by US...
ECB Holds Interest Rates but Hints at Expanded QE Program
European stocks soared on last Thursday, while the euro plunged 1% against the dollar after the European Central Bank hinted at more stimulus in...
