Tag: US Dollar
Dollar Index: March to 100 Continues
The US dollar soared against a basket of trade-weighted peers on Tuesday, edging closer to the 100 mark as a top Federal Reserve official...
US Dollar Approaches Key Milestone
The US dollar resumed its upward climb on Wednesday, setting another 12-year high as it approached a key milestone against a basket of trade-weighted...
EUR/USD Hits 11-Year Low as Draghi Outlines QE Program
The euro fell to fresh 11-year lows against the US dollar on Thursday, declining for a third consecutive day on the news that the...
EUR/USD Plummets ahead of ECB Press Conference
The euro declined sharply against its US counterpart on Wednesday, as investors turned their attention to the European Central Bank’s monthly monetary policy meetings,...
EUR/USD Rebounds as Eurozone Deflation Slows
The euro was trading higher against its US counterpart Monday, as stronger than expected Eurozone CPI and unemployment data suggested the struggling currency region...
EUR/USD Weekly Outlook
The euro was trading cautiously on Monday, following a week of uncertainty that ended with Greece securing a short-term loan extension in exchange for...
Canadian Dollar Retreats on Declining Energy Prices
The Canadian dollar declined against its US counterpart on Wednesday, as tumbling energy prices outweighed stronger than forecast growth in Canadian wholesale sales.
The loonie...
Housing Data, FOMC Minutes to Drive US Dollar This Week
The US dollar was little changed against a basket of currencies on Monday, as American traders paused to observe President’s Day. The greenback could...
EUR/USD Edges Higher Amid Greek Bailout Talks, Disappointing US Data
The EUR/USD advanced for a second consecutive day on Friday as Greece resumed talks with its Troika of creditors, while the US dollar continued...
USD/CAD Loses NFP-Inspired Rally amid Higher Energy Prices
The North American currency pair back was on its heels Monday, as rebounding energy prices and better than expected Canadian housing starts supported the...
EUR/USD Holds Ground as Political Tensions Escalate
The euro was little changed against the US dollar on Monday, trading above 1.13 cents US ahead of the European Union meetings in Brussels....
Canadian dollar rebounds sharply as oil prices rise
The Canadian dollar advanced on Monday as oil prices continued to rally, while US consumer spending declined at the sharpest rate since 2009 and...
USD/CAD Weekly Outlook
The USD/CAD advanced for a tenth consecutive week last week, climbing to a nearly six-year high of 1.2794. The pair gained more than 9.5...
Euro rallies as technical trading outweighs German deflation
The EUR/USD rallied on Thursday, as technical trading sent the pair higher amid mixed economic data from Germany.
The EUR/USD regained 1.13 and climbed to...
Trader Personality Andy Krieger
All Forex traders aspire to become super traders. Most have a hunger for that one big deal which has the potential to immortalize their...
FX Weekly Commentary and Overview
Overview
With central bankers, policy experts and academics all together in Jackson Hole this week global events and economic data have been on the back-burner. ...
Weekly forex market outlook
Overview
So far this summer the U.S. dollar has shown some broad based strength and is currently clinging to some gains made in the last...
Forex Economic Indicators: Durable Goods Orders
The US Durable Goods Orders statistic is one of the most important leading indicators of the health of the US economy. Because it tends...